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You are here: Home / Archives for Forex

NZDJPY Making Strong Comeback From Blue Box

CalendarMonday 6 November 2023 User By Hassan Sheikh

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: USDJPY Looking for Double Correction

    Elliott Wave View: USDJPY Looking for Double Correction


    USDJPY shows 5 swing sequence from 10.21.2022 high looking for downside to end 7 swing correction. This article and video look at the Elliott Wave path.

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  • Elliott Wave View: EURUSD Should Be Near To Pullback

    Elliott Wave View: EURUSD Should Be Near To Pullback


    Short term Elliott Wave view on EURUSD suggests the cycle from 10.04.2022 high is over at 0.9630 low as a double correction structure. The market bounced and a new double correction is in progress to end the cycle from 9.28.2022. Up from 10.13.2022 low, wave (a) ended at 0.9808 and dips in wave (b) ended […]

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  • Elliott Wave Forecast: EURJPY Has Resumed Higher

    Elliott Wave Forecast: EURJPY Has Resumed Higher


    EURJPY broke above suggests the previous high on 9.12.2022 and shows bullish sequence favoring further upside against 140.87 in the first degree.

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  • Elliott Wave View: USDCAD Should Continue to Extend Higher

    Elliott Wave View: USDCAD Should Continue to Extend Higher


    USDCAD rallies as an impulse from 8.11.2022 low and can see further upside while above 10.5.2022 low. This article and video look at the Elliott Wave path.

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  • USDCAD Reacting Higher From The Equal Legs Area

    USDCAD Reacting Higher From The Equal Legs Area


    In this technical blog, we will look at the past performance of 1-hour Elliott Wave Charts of USDCAD. In which, the rally from 11 August 2022 high is unfolding as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in USDCAD is incomplete to the upside & should see […]

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  • Elliott Wave View: AUDUSD Rally to Fail for More Downside

    Elliott Wave View: AUDUSD Rally to Fail for More Downside


    AUDUSD shows incomplete 5 waves impulse from 8.11.2022 high calling for more downside. Rally should fail in 3, 7, 11 swing for further downside.

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