The $USDX peaked back on 09.29.2022. Since then, the Index has been dropping. The Index is at risk of ending the cycle since the lows back in 2008. This means a huge selling could be happening now. We explained the idea in this article, published on 09.21.2022. We knew the $USDX was about to enter […]

GBPJPY shows impulsive structure from 5.5.2023 low favoring more upside. This article and video look at the Elliott Wave path.

USDCHF extends lower in impulsive structure and rally should fail in 3, 7, 11 swing. This article & video look at the Elliott Wave path.

The decline from 9.13.2022 high in $AUDJPY shows a 5 swing Elliott wave sequence suggesting further downside is likely. Near term, rally from 3.24.2023 low ended in 3 swing at 90.77. We labelled the rally as wave (B) as 1 hour chart below shows. Internal subdivision of the rally from 3.24.2023 low unfolded as a […]

In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the rally from the 10 February 2023 low unfolded as an impulse sequence and showed a higher high sequence with a bullish sequence stamp. Therefore, we knew that the structure in GBPCAD is incomplete & should […]

Hello Traders, in this article we will go through how EURAUD reacted higher after reaching a blue box area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area in which we can expect a react to take place. We call it equal legs area or blue […]