Elliott Wave View: GBPJPY Correction Can Extend
Short term Elliott Wave in GBPJPY suggests cycle from 12/3/2021 low has ended as wave ((1)) with the rally to 168.7. Wave ((2)) pullback is currently in progress to correct…
USDNOK – Dollar Sees a Reaction from Blue Box
We have been pretty bullish on the USDNOK throughout the year and Dollar has more strength to come to support this pair. Recently, we posted a trade idea on USDNOK…
Elliott Wave View: EURUSD 7 Swing Rally
Short term Elliott Wave in EURUSD suggests rally to 1.078 ended wave ((4)). Wave ((5)) lower is currently in progress with subdivision as a 5 waves impulse Elliott Wave structure.…
How We Saw Algorand Cryptocyrrency (ALGO) And What To Expect
Algorand is a proof-of-stake blockchain cryptocurrency protocol. Algorand's native cryptocurrency is called ALGO. It was founded in 2017 by Silvio Micali, a professor at MIT, composed of a company and…
Elliott Wave View: Russell 2000 (RTY_F) Sellers Remain in Control
Russell 2000 (RTY) broke below previous low on 5/12/2022 at 1698.3 and opens up a bearish sequence favoring further downside. The entire decline from 11/8/2021 high is unfolding as a…
Elliott Wave View: USDCAD Pullback Should Find Buyers
Short Term View in USDCAD suggests cycle from 06.08.2022 blue box low finished as a 5 waves impulse Elliott Wave structure. Up from June 08 low, wave (i) ended at…
Elliott Wave View: USDCHF Shows an Impulsive Rally
USDCHF ended wave (4) pullback at 0.954, and pair has now turned higher in wave (5). Pair still needs to break above the previous wave (3) high on 5/16/2022 high…
Elliott Wave View: EURJPY Should Continue to Find Support
EURJPY shows an incomplete bullish sequence from March 2022 low favoring further upside. The 100% - 161.8% Fibonacci extension from March 2022 low can see pair reaching 148.3 - 158…
Elliott Wave View: Near Term CADJPY Should Continue Higher
Short Term Elliott Wave View in CADJPY suggests cycle from April 20, 2022 high has ended with wave ((2)) at 97.73. Pair rallies from that level building an impulsive structure…