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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$AUDJPY (9.4.2013)
Read MorePair is in FLAT wave ( 4 ) / W when wave ( 3 ) ended @ 86.33. Wave (( iii )) of C is about to complete so expect a pull back toward 90.45 (23.6 fib) and in-extension 89.82 (38.2 fib) and the next leg higher. Price needs to stay above 89.30 for this […]
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$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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$AUDJPY (9.3.2013)
Read MoreRally from 86.41 is taking the form of an impulse when pair is close to complete wave (( iii )) with a test of 90.35 – 90.70 area. Following completion of wave (( iii )) expect a corrective pull back (triangle, double correction or FLAT)in 3 or 7 swings and another leg higher to complete […]
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$USDINR: Is the rally over yet? (8.29.2013)
Read MoreThe pair has hit our target of 67.94 (1.236 ext) from our previous blog published on 7.22.2013. Now that the target has been hit, it’s time to take another look at the pair. We expected the pair to hit 67.94 target in wave ( c ) of a 7 swing structure from 2011 lows but speed , […]
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$EURGBP (8.28.2013)
Read MoreWave B has completed with a test of 0.8650 so as this level holds, we like the idea of more downside in the pair. We don’t like buying into proposed wave ( b ) pull back. If you would like to receive accurate & timely forecasts for 25 instruments that we cover, why not Sign […]
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$EURAUD (8.26.2013)
Read MoreWave ( b ) appears to be taking the form of a triangle so while below 1.4884 and more importantly 1.4931, expect more downside initially toward 1.4626 – 1.4684 initially. As wave (a ) was a 3 wave move so we don’t like selling the pair into the proposed swing lower. If you would like […]