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 Intraday Analysis: USDJPY is Correcting Before Resuming Lower
Read MoreShort Term Elliott Wave USDJPY suggests that the pair is developing a bearish sequence from 07.03.2024 high. The decline made a double correction Elliott Wave structure. Down from 07.03.2024 high, wave A ended at 155.36 low. Rally in wave B ended at 157.86 high with internal subdivision as zig zag structure. Then, the pair resuming lower […]
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Elliott Wave Analysis: GBPNZD Found Buyers From The Blue Box
Read MoreHello, traders. Here’s a new blog post where we discuss how Elliottwave-Forecast members found an opportunity in the GBPNZD forex pair. First, we’ll explain why we recommended this trade to our members. Then, we’ll explore the trade’s potential and how we want our members to manage it. Let’s start with the background. We begin by […]
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Elliott Wave Intraday Analysis: USDJPY Correcting Larger Degree
Read MoreUSDJPY shows incomplete bearish sequence from 7.3.2024 high and should see more downside. This article and video look at the Elliott Wave path.
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USDSGD Elliott Wave : Calling the Decline From the Extreme Zone
Read MoreHello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of USDSGD Forex pair , published in members area of the website. As our members know, USDSGD has recently given us 3 waves recovery against the 1.36703 peak. The pair has made a bounce in a […]
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Elliott Wave Intraday Analysis: CHFJPY Bouncing Higher from Support Zone
Read MoreCHFJPY ended a zigzag correction and starts to turn higher. This article and video look at the short term Elliott Wave path.
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Elliott Wave Analysis: USDCAD turning upside from sideways
Read MoreHello traders, welcome to a new blog post. Today, we will discuss USDCAD as the pair is set to break out of a range that has lasted over two years. How soon can the breakout happen? In May 2021, USDCAD completed a five-year-long bearish corrective cycle that started in January 2016. Since then, the long-term […]