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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Elliott Wave View: GBPUSD Should Complete an Impulse Lower
Read MoreShort Term Elliott Wave View in GBPUSD suggests the rally from 7.14.2022 low ended a wave (4) hit our blue box in 4 hour chart at 1.2298. Then pair was rejected and did a leading diagonal structure as wave 1 ended at 1.2000. The market bounce doing a zig zag correction, testing the high and […]
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Elliott Wave View: CADJPY Looking for 7 Swing
Read MoreCADJPY rally from 8.2.2022 low is in the form of 7 swing double correction. This article and video explain the Elliott Wave path.
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Elliott Wave View: Further Downside Likely in $EURUSD
Read MoreEURUSD shows an impulsive structure down from 8.10.2022 high. This article and video look at the Elliott Wave path of the pair.
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Elliott Wave View: USDJPY Pullback Should Continue to Find Support
Read MoreUSDJPY looks to correct cycle from 7.14.2022 high in 3 waves before turning lower again. This article and video look at the Elliott Wave path.
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Elliott Wave View: AUDJPY Looking for Further Downside
Read MoreShort Term Elliott Wave view in AUDJPY suggests cycle from 6/8/2022 peak looks incomplete and can see further downside. Decline from 6/8/2022 peak is unfolding as a double three Elliott Wave structure. Down from there, wave W ended at 91.4 and rally in wave X ended at 95.75. Pair has broken below wave W at […]
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Renminbi ($USDCNH) Started A Correction Phase As Expected
Read MoreIn the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After that, the USDCNH continue with the downtrend. Renminbi […]