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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USDSGD: Wave ((iv)) Found Sellers At Equal Legs Area
Read MoreHello Traders, in this article we will go through how USDSGD reacted lower after reaching an equal legs area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area in which we can expect a react to take place. We call it equal legs area or blue […]
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AUDUSD Starts New Elliott Wave Impulse Higher
Read MoreAUDUSD shows impulsive structure from 6.1.2023 low favoring higher. This article and video look at the Elliott Wave path of the pair.
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Elliott Wave View: USDJPY Approaching Turning Area
Read MoreUSDJPY rally from 5.4.2023 low takes the form of an impulsive structure. This article and video look at the Elliott Wave path.
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USDCHF Double Three Elliott Wave Advance and Next Blue Box Area
Read MoreIn our recent article about USDCHF, we explained incomplete bearish sequence in USDCHF since October 2022 and December 2016 highs and explained that bounces should fail in 3, 7 or 11 swings for extension lower. Pair found sellers after three waves in the first blue box area and reacted lower to allow any sellers to […]
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AMZN Starting To React From The Blue Box Area
Read MoreIn this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Amazon ticker symbol: AMZN. In which, the rally from 01 May 2023 low unfolded as an impulse structure. And showed a higher high sequence favored more upside extension to take place. Therefore, we advised members not to sell the stock […]
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EURUSD Close to Ending Elliott Wave Impulse Decline
Read MoreEURUSD is close to ending cycle from 5.4.2023 high as an impulse. Pair soon can see at least 3 waves rally. This article & video shows the path.