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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GBPAUD Short Term Elliott Wave Update 10.23.2015
Read MoreBest reading of Elliott wave cycle suggests decline to 2.078 ended wave (X). From this level, pair is rallying higher in wave W in double three structure where wave ((w)) ended at 2.13, wave ((x)) ended at 2.102, and wave ((y)) of W is proposed complete at 2.1487. Near term, as 2.1487 level holds, pair is expected to […]
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GBPAUD Short Term Elliott Wave Update 10.22.2015
Read MoreShort term Elliott wave view suggests decline to 2.078 ended wave W. From this level, pair is rallying higher in wave ((W)) in double three structure where wave (W) ended at 2.13, wave (X) ended at 2.102, and wave (Y) of ((W)) is in progress towards 2.155 – 2.167 equal leg area before turning lower. Near […]
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GBPAUD Short Term Elliott Wave Update 10.21.2015
Read MoreShort term Elliott wave view suggests decline to 2.078 ended wave W. From this level, pair is rallying higher in wave ((W)) in double three structure where wave (W) ended at 2.13, wave (X) ended at 2.102, and wave (Y) of ((W)) is in progress towards 2.155 – 2.167 equal leg area before turning lower. Near […]
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GBPAUD Short Term Elliott Wave Analysis 10.20.2015
Read MoreShort term Elliott wave view suggests decline to 2.078 ended wave W. From this level, pair is rallying higher in wave ((W)) in double three structure where wave (W) ended at 2.13, wave (X) ended at 2.102, and wave (Y) of ((W)) is in progress towards 2.155 – 2.167 equal leg area before turning lower. Near […]
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$GBPAUD : Elliott Waves Forecasting the decline
Read MoreAt the beginning of September our Elliott Wave analysis of $GBPAUD suggested that we were still in large correction from the 2.24059 high. The pair was doing correction ((x)) against the mentioned high and our Elliott Wave analysis was calling for futher decline once it’s done. Let’s take a look at H1 Elliott Wave charts […]
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EURCAD Short Term Elliott Wave Update 10.16.2015
Read MoreBest reading of the cycle in the short term suggests decline to 1.454 ended wave ((w)). Wave ((x)) bounce is unfolding as a double three structure where wave (w) ended at 1.476, wave (x) ended at 1.461, and wave (y) of ((x)) is proposed complete at 1.49. Near term, wave (w) low is proposed complete at […]