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NZDJPY Making Strong Comeback From Blue Box

CalendarMonday 6 November 2023 User By Hassan Sheikh

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]

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  • Elliott Wave Analysis: DXY ending correction

    Elliott Wave Analysis: DXY ending correction


    DXY Short Term Elliott Wave view suggests that Intermediate wave (3) ended with the decline to 88.44. The Index is correcting in Intermediate wave (4) to as a double three Elliott Wave structure where Minor wave W ended at 89.64 and Minor wave X ended at 88.55. Near term focus is on 89.75 – 90.49 areea to end […]

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  • AUDUSD Forecasting Rally & Buying Dips

    AUDUSD Forecasting Rally & Buying Dips


    In this technical blog we’re going to take a quick look at the past Elliott Wave charts of AUDUSD published in members area of www.elliottwave-forecast.com. As our members know,  AUDUSD have had incomplete bullish sequences in the cycle from the 12/08 low, suggesting further strength. Consequently, we advised our members to avoid selling the pair and […]

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  • Elliott Wave Analysis: DXY in Double Correction

    Elliott Wave Analysis: DXY in Double Correction


    DXY Dollar Index Short Term Elliott Wave view suggests that decline to 88.44 ended Intermediate wave (3). Up from there, Intermediate wave (4) bounce is unfolding as a double three Elliott Wave structure where Minor wave W ended at 89.58 and Minor wave X ended at 88.723. Minor wave Y is in progress with Minute wave ((w)) ended […]

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  • Elliott Wave Analysis: GBPUSD ended wave (4) correction

    Elliott Wave Analysis: GBPUSD ended wave (4) correction


    GBPUSD Short Term Elliott Wave view suggests that pair ended Intermediate wave (2) at 1.33 on 16 December 2017. Up from there, Intermediate wave (3) rally is unfolding as 5 waves impulse Elliott Wave structure where Minor wave 1 ended at 1.3613, Minor wave 2 ended at 1.3456, Minor wave 3 ended at 1.3943, Minor wave 4 […]

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  • USDX Forecasting Decline & Selling rallies

    USDX Forecasting Decline & Selling rallies


    Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of Dollar Index USDX published in members area of www.elliottwave-forecast.com. As our members know,  USDX have had incomplete bearish sequences in the  cycle from the January peak, suggesting further decline. Consequently , we advised our members […]

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  • Elliott Wave Analysis: GBPUSD still within wave (3)

    Elliott Wave Analysis: GBPUSD still within wave (3)


    GBPUSD Short Term Elliott Wave view suggests that the rally from 16 December 2017 low is unfolding as 5 waves impulse Elliott Wave structure. Up from 16 December 2017 low (1.33), Minor wave 1 ended at 1.3613, Minor wave 2 ended at 1.3456, Minor wave 3 ended at 1.3943, and Minor wave 4 ended at 1.3797. Minor […]

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