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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$EURAUD (9.6.2013)
Read MorePair is in large degree FLAT correction. Wave (( v )) of C is showing 3 swings lower so expect another swing lower toward 1.4200 area to complete 5 swings down from 1.4470 peak and a sequence from wave B high. Hourly cycles are negative but mid-term cycles are positive so swing traders now should […]
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$EURUSD: Calling the swings lower
Read MoreLet’s take a look at some charts from members area showing Elliott wave analysis of EURUSD pair and how it called the move lower. August 31 September 3 September 5 If you would like to see our mid-term view in the pair, why not Sign up for 14 day Trial We cover 25 […]
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$EURAUD (9.5.2013)
Read MorePair is in large degree FLAT correction. Wave (( iv )) of C appears to have completed @ 1.4470 so expect this swing lower to end around 1.4200 – 1.4250 before turning higher. Hourly cycles are negative but mid-term cycles are positive so after a drop below 1.4335, traders should only be looking for buying […]
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$AUDJPY (9.4.2013)
Read MorePair is in FLAT wave ( 4 ) / W when wave ( 3 ) ended @ 86.33. Wave (( iii )) of C is about to complete so expect a pull back toward 90.45 (23.6 fib) and in-extension 89.82 (38.2 fib) and the next leg higher. Price needs to stay above 89.30 for this […]
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$EURGBP: How we called this drop
Read MoreElliott wave analysis of EURGBP pair on 480 minute time frame from members area. A sharp drop was anticipated and that’s exactly what the pair did. Before: After: To find out what we are expecting next, why not Sign up for 14 day Trial We cover 25 instruments in 4 different time frames working […]
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$AUDJPY (9.3.2013)
Read MoreRally from 86.41 is taking the form of an impulse when pair is close to complete wave (( iii )) with a test of 90.35 – 90.70 area. Following completion of wave (( iii )) expect a corrective pull back (triangle, double correction or FLAT)in 3 or 7 swings and another leg higher to complete […]