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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$USDMXN: The Peso Still Needs More Downside, Holding Down The Dollar
Read MoreThe Dollar has been in a fantastic rally since its lows in 2008. It is in the process of ending the cycle as an impulse. This article explains the view and why buying commodities in the dips is a good long-term opportunity. Monthly Dollar Index Elliott Wave Chart The monthly chart above shows the structure of […]
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Elliott Wave Count Suggests Further Upside in USDCAD
Read MoreUSDCAD rally from 2.2.2023 is impulsive and favors further upside. This article and video look at the Elliott Wave path for the pair.
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EURUSD: Pullback Likely To Find Support In Elliott Wave Correction
Read MoreIn short term Elliott wave sequence, EURUSD favors pullback in wave 2 started from 1/26/2023 high before upside resumes in wave 3. It is correcting in wave 2 in 3, 7 or 11 swings against the bullish sequence from 1/06/2023 low and expect to find support at extreme areas before turning higher. Since 1/06/2023 low, […]
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EURCHF : Euro Swiss Pair Bouncing from Weekly Blue Box
Read MoreIn the present article, we are going to take a look on the weekly chart of EURCHF: Euro Swiss forex pair. In a quiet natural way, this cross is a ratio of two pairs: EURUSD and USDCHF. Even though, both dollar linked pairs are by far more liquid instruments, the EURCHF shows its own character. […]
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Impulsive Decline in CADJPY Nearing the End
Read MoreCADJPY cycle from 9.13.2022 high remains in progress as an impulse & near end. This article and video look at the Elliott Wave structure and path.
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GBPAUD Should Soon Find Support According to Elliott Wave
Read MoreGBPAUD is correcting cycle from 11.14.2022 low and soon should see support. This article and video look at the Elliott Wave path.