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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EWF for the week of April 29,2012
Read MoreWeekend Update 4.29.2012 US Dollar Group: Our reading of the cycles suggest USDX cycle that started on 4th April is coming to an end. Shorter cycles however suggest the possibility of another leg down in USDX (after a pull back at beginning of the week) and levels between 78.18 – 78.55 could be tested. 14 […]
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EWF for 3.14.2012
Read MoreAsian Open / European Preview 3.13.2012 11.33 PM EST Good Morning Fellow Traders SPX500 (Cash): Bulls continue to prove their strong hold over this market. We are labeling 1341 as the end of a FLAT wave 4 and believe uptrend has resumed in wave 5 and we see multiple nests which needs to be […]