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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USDJPY Reacting Lower From The Equal Legs Area
Read MoreIn this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of USDJPY. In which, the decline from 16 March 2023 high ended 5 waves in an impulse sequence and showed a lower low sequence in a higher time frame charts. Therefore, we knew that the structure in USDJPY […]
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Bearish Elliott Wave Sequence in AUDJPY Suggests Further Downside
Read MoreAUDJPY shows bearish sequence from September 2022 high favoring more downside. This article and video look at the Elliott Wave path.
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Elliott Wave Favors More Downside in GBPJPY
Read MoreGBPJPY decline from 2.28.2023 is in progress as an impulse. This article and video look at the Elliott Wave path of the pair.
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GBPJPY Elliott Wave Forecasting The Path
Read MoreHello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of GBPJPY forex pair published in members area of the website. As our members know, GBPJPY Is trading within the cycle from the February 28th peak. Recently we got 3 waves recovery against 165.98 high . The […]
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USDCHF Reaction Lower From Equal Legs Area
Read MoreHello Traders, today we are going to have a look on how we were able to forecast the reaction lower in USDCHF from equal legs area. The pair was trading within cycle from 02.02.2023 similarly to the low of the USDX. It had ended first leg higher in A alongside a clear connector wave B. […]
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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 […]