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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USDJPY: How a Dollar Dynamic 2.2 can impact the YEN
Read MoreAdvanced Dollar Dynamic 2.2 – Impact in the Yen. A very interesting dynamic that we got in the last 2 months in the market was the advanced dollar dynamic 2.2. During this dynamic, the move in the USDJPY is of greater magnitude than the move in the dollar pairs. Therefore, then Yen pairs trade sideways […]
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USDCAD Producing A Strong Reaction Higher From Equal Legs Area
Read MoreIn this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of USDCAD. In, the rally from 15 November 2022 low unfolded in a corrective sequence but provided an extreme trading opportunity. In this case, the pullback managed to reach the equal legs area & provided a buying opportunity. So, […]
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USDCHF Leading the path in USDX
Read MoreAn interesting pair to look at to identify the path of the USDX after 9.28.22 peak is the USDCHF. We all know and seen the USDX rallying within wave ((3)) during the last 1 and a half years. The cycle now is getting mature and expected pullback was inevitable. At Elliott Wave Forecast, as an […]
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NZDJPY Found Support At The Equal Legs Area & Reacted Higher
Read MoreIn this blog, we take a look at the past performance of 1-hour NZDJPY charts. In which, the pair provided a buying opportunity at the equal legs area.
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EURUSD Near The End of 5 Waves Impulsive Elliott Wave Move
Read MoreEURUSD cycle from 11.22.2022 low is in progress as a diagonal. This article and video look at the Elliott Wave path for the pair.
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Elliott Wave View: EURAUD Has Resumed Higher
Read MoreEURAUD shows a higher high sequence from 8.25.2022 low favoring more upside. This article and video look at the Elliott Wave path.