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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$GBPJPY: Ending Diagonal
Read More$GBPJPY has hit and exceeded 159.00 targets called in this video. Take a look at this intra-day video presented to clients on 9/9/2013 [jwplayer mediaid=”113603″]
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$EURGBP (10.9.2013)
Read MoreExpect a test of 0.8488 – 0.8509 to complete a 5 wave rally from 0.8329 low from where pair should pullback at least in 3 waves. Only an impulsive decline following completion of this cycle would leave the door open for new lows below 0.8329. Hourly cycles are positive so we like buying the dips as […]
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$USDJPY 10.4.2013
Read MorePair is bouncing from 76.4 fib of wave ( D ) @ 96.92. Marginal new lows to 96.78 could still be seen before pair turns higher. Cycle is very close to ending and bounce can happen at any moment. We don’t like chasing weakness in the pair as hourly cycles remain positive and like the […]
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$USDJPY (10.2.2013)
Read MoreBreak of 97.44 suggests wave ( 4 ) is not over yet. Expect a test of 96.92 as the next level to look for longs in the pair. We don’t like chasing weakness in the pair as strategy remains to buy the dips in 3, 7 and 11 swings. If you would like to receive […]
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$AUDUSD drops to equal legs
Read MoreLet’s take a look at Elliott Wave analysis in 1 hour time frame from members area which shows AUDUSD dropping to equal legs and then a bounce as expected. Before After If you would like to receive frequent , timely updates, stay on top of changes in short-term wave structure and be […]
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Forecasting the FOMC release. Technical Video (9.17.2013)
Read MoreDaily Technical Video from 9.17.2013 for our clients in which we talked about what the market should do following FOMC release [jwplayer mediaid=”116244″]