Since the US Dollar trades freely in the 1970s, on average it has rallied and declined in a period of 7.5 years. The chart below shows short term and long term US Dollar cycle: Short Term and Long Term US Dollar Cycle From the chart above, we can see that since 1970s, the cycle in […]

Short Term CADJPY Elliott Wave view suggests that the decline from 1/5/2018 high (91.58) is unfolding as an impulse Elliott Wave Structure where Minor wave 1 ended at 87.785, Minor wave 2 ended at 89.439, Minor wave 3 ended at 84.468, and Minor wave 4 ended at 85.24. Minor wave 5 remains in progress as […]

In this Technical blog, we are going to take a quick look at the past  Elliott wave chart performance of  AUDNZD. Which we presented to our clients. We are going to explain the structure and the forecast. As our members know, we were pointing out that AUDNZD is having lower low bearish sequence from October 24.2017 peak. We advised […]

Short Term CADJPY Elliott Wave view suggests that the decline from 1/5/2018 high (91.58) is unfolding as an impulse Elliott Wave Structure where Minor wave 1 ended at 88.48, Minor wave 2 ended at 89.63, Minor wave 3 ended at 83.824, and Minor wave 4 ended at 84.82. Minor wave 5 is currently in progress […]

$DXY US dollar Index Short-term Elliott Wave view suggests that the rally to February 09.2018 peak at 90.57 ended Primary wave ((4)) in a Flat correction. Down from 90.57 high the decline is unfolding as Elliott Wave Impulse Sequence, where each leg has an internal distribution of 5-3-5 structure thus favored being an Impulse sequence. The DXY has […]

USDJPY Short-term Elliott Wave view suggests that the rally to 110.48 high ended Intermediate wave (4) bounce on February 02.2018 peak. Below from there, the decline is unfolding as an Ending Diagonal Structure within Intermediate wave (5) lower. Where Minor wave 1 ended at 108.44 low as Zigzag structure, Minor wave 2 bounce ended at 109.77 in a Double three […]