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You are here: Home / Archives for Forex

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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  • AUDJPY Short-term Elliott Wave Analysis 4.20.2016

    AUDJPY Short-term Elliott Wave Analysis 4.20.2016


    Short term Elliottwave structure suggests that dip to 80.66 ended wave (X). Rally from there ended wave ((w)) flat at 84.77,  wave ((x)) pullback ended at 82.09, and pair has resumed the rally higher in wave ((y)) of (Y). From wave ((x)) low at 82.09, rally is unfolding as a zigzag where wave (a) ended at […]

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  • AUDJPY Short-term Elliott Wave Analysis 4.19.2016

    AUDJPY Short-term Elliott Wave Analysis 4.19.2016


    Short term Elliottwave structure suggests that dip to 80.66 ended wave (X). Rally from there ended wave ((w)) flat at 84.77,  wave ((x)) pullback ended at 82.09, and pair has resumed the rally higher in wave ((y)) of (Y) towards 86.13 – 87.1 area. Near term, there’s enough number of swing to call wave (w) […]

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  • USDJPY Short-term Elliott Wave Analysis 4.15.2016

    USDJPY Short-term Elliott Wave Analysis 4.15.2016


    Short term Elliottwave structure suggests that wave W rally from 4/7 low (107.66) is unfolding as a flat where wave ((a)) ended at 108.99, wave ((b)) ended at 107.6, and wave ((c)) is in progress with internals as 5 waves. Wave (v) of ((c)) is currently in progress towards 109.94 – 110.34 area and this […]

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  • GBPUSD Short-term Elliott Wave Analysis 4.14.2016

    GBPUSD Short-term Elliott Wave Analysis 4.14.2016


    Short term Elliottwave structure suggests that the decline to 1.4 ended wave (B) of a larger degree triangle. Wave (C) rally is unfolding as a double three where wave W ended at 1.4348, and wave X pullback is in progress to correct the rally from 1.4 in 7 swing before turning higher again. The first three […]

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  • GBPUSD Short-term Elliott Wave Analysis 4.13.2016

    GBPUSD Short-term Elliott Wave Analysis 4.13.2016


    Short term Elliottwave structure suggests that the decline to 1.4 ended wave (B) of a larger degree triangle. Wave (C) rally is unfolding as a double three where wave W ended at 1.4348, and wave X pullback is in progress to correct the rally from 1.4 in 3, 7, or 11 swing before turning higher again. […]

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  • GBPUSD Short-term Elliott Wave Analysis 4.12.2016

    GBPUSD Short-term Elliott Wave Analysis 4.12.2016


    Short term Elliottwave structure suggests that the decline to 1.4 ended wave (B) of a larger degree triangle. Wave (C) rally is unfolding as a double three where wave W ended at 1.4287, and wave X pullback is in progress to correct the rally from 1.4 in 3, 7, or 11 swing before turning higher again. […]

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