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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$USDJPY (11.25.2013)
Read MoreWave B completed as a triangle and pair is nearing completion of wave (( a )). A pull back is soon expected which could reach as low as 100.63 – 100.88 from where pair should turn higher again. We don’t recommend selling the pair in any degree and like buying dips in 3, 7 or […]
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$USDJPY hits 101.29 target
Read More$USDJPY dropped to 97.59 – 99.75 region, turned higher and has hit 101.29 (equal legs) target. Move can extend further & wave counts can change so why not learn our current view by signing up for 14 day Trial by clicking button on the right. [jwplayer mediaid=”135038″]
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$EURGBP (11.20.2013)
Read MoreWave (( b )) of C also appears complete at 0.8415. As this level holds, expect more downside toward 0.8280 – 0.8308 to complete a cycle from 0.8463 high. The hourly cycles are negative so we don’t recommend buying the pair and like selling rallies in 3, 7 or 11 swings when it pulls back […]
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$GBPJPY breaks higher as expected
Read MoreGBPJPY has broken to new highs above 160.00. Take a look at this video from 10.10.2013 from members area. Moves can always extend and wave structures can change. If you want to learn our current view, sign up for 14 day Trial by clicking button on the right [jwplayer mediaid=”122534″]
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$USDJPY (11.4.2013)
Read MoreUSDJPY sideways consolidation continues which surely has the look of a triangle. It remains to be seen what sort of a triangle it would prove to be. Our strategy remains unchanged to buy the dips in 3, 7 or 11 swings [jwplayer mediaid=”129356″]
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$GBPCHF (11.6.2013)
Read MoreWave (( b )) is in place at 1.4510. Wave ( a ) appears to be a 5 wave move. Expect a corrective pullback toward 1.4581 – 1.4602 from where the pair should turn higher toward 1.4770 to complete a 7 swing structure up from 1.4371 low. Hourly cycles are positive so we don’t like […]