Short Term Elliott Wave view in GBPJPY suggests the decline from 5/10 peak is unfolding as a double three Elliott Wave structure where Minor wave W ended at 143.33 and Minor wave X ended at 145.45. The subdivision of Minor wave W unfolded as a zigzag Elliott Wave structure where Minute wave ((a)) ended at 145.61 […]

In this technical blog we’re going to take a quick look at the past Elliott Wave charts of NZD JPY  published in members area of www.elliottwave-forecast.com. We’re going to take a look at the structures, count the swings and explain the trading setup. The chart below is NZD JPY 4 hour update from 05.04.2017.  As our […]

Emmanuel Macron won the presidential election last Sunday, defeating Marine Le Pen, a far-right nationalist who wanted to take France out of the European Union. Markets had feared that Le Pen’s win could threaten the EU project, but Macron’s win has eliminated uncertainty regarding France’s membership of the Euro and removed the risk of near-term […]

NZDUSD has been trading sideways for the last few days. In our previous blog, we mentioned that decline from 2.6.2017 peak was in 5 swings and hence pair had an incomplete Elliott wave sequence from there. Pair has since made a new low and recovered but that new low doesn’t count as the 7th swing because […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave chart of GBP USD published in members area of www.elliottwave-forecast.com. In further text we’re going to take a look at the structures,count the swings and explain the reasons why we called for the extension to the upside. […]

Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a leading diagonal Elliott Wave structure where Minute wave ((i)) ended at 0.6905, Minute wave ((ii)) ended at 0.7053, Minute wave ((iii)) ended at 0.6844, Minute wave ((iv)) ended at 0.6968. and Minute wave ((v)) of A ended at 0.6835. Pair is […]