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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$AUDUSD (9.11.2013)
Read MorePair is in wave 4 which can completed between 0.9186 – 0.9237 before wave 5 higher. Expect price to stay above 0.9120 during this wave 4 for the idea to remain valid. Hourly cycles remain positive and hence we don’t like selling the pair into wave C of 4 If you would like to see […]
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$AUDJPY (9.10.2013)
Read MorePair is in wave ( v ) of (( iii )) which is extending and can reach as high as 94.06 before a pull back in wave (( iv )) and higher again. We don’t like selling the pair in proposed wave (( iv )) as hourly cycles remain positive. If you would like […]
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$AUDJPY (9.9.2013)
Read MoreA cycle from 86.37 low is coming to an end. Expect a new high toward 92.20 – 92.50 to complete this cycle before we get at least a 3 wave pull back in the pair which could be start of a new down cycle or prove corrective yet again. Hourly cycles remain positive but we […]
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$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 […]