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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Bitcoin Reacting Lower From Elliott Wave Blue Box Area
Read MoreIn this blog, we take a look at the past performance of Bitcoin charts. In which, the pair provided a selling opportunity at the blue box area.
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EURAUD Shows Bearish Sequence Favoring Downside
Read MoreThe Euro continues to slide against many other major currencies after Russia stopped the gas supplies. The deepening energy crisis causes fear of a recession in the Euro area. Europe has tried to diversify its energy sources and build up reserves, but it’s not possible to totally avert the hit to the economy. In the […]
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Elliott Wave View: EURUSD Should Continue to Extend Lower
Read MoreEURUSD shows bearish sequence from 8.10.2022 high favoring further downside. This article and video look at the Elliott Wave path.
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EURUSD Resume Downside After Finding Sellers At Blue Box
Read MoreIn this blog, we take a look at the past performance of EURUSD charts. In which, the pair provided a selling opportunity at the blue box area.
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Elliott Wave View: GBPCAD Rally Should Fail for Further Downside
Read MoreShort Term Elliott Wave View in GBPCAD suggests rally to 1.5367 ended wave ((iv)). Wave ((v)) lower is in progress to complete a cycle from August 2, 2022 high. Internal subdivision of wave ((iv)) unfolded as a zig zag Elliott Wave structure. Up from wave ((iii)), wave (a) ended at 1.5314 and pullback in wave […]
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Elliott Wave View: NZDUSD Rally Likely Fail in 3, 7, 11 Swing
Read MoreNZDUSD has completed a wave 4 and it should continue lower in wave 5. Wave ((i)) of 5 done and we are correcting in wave ((ii)) before turning lower again.