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: NZDJPY Turns Lower After 3 Waves Rally
Read MoreShort term Elliott Wave view in NZDJPY suggests that decline from January 5, 2022 peak is unfolding as a 5 waves impulse structure. Down from January 5 peak, wave (1) ended at 75.24 on January 28 and rally to 78 ended wave (2) on February 10. Internal subdivision of wave (2) unfolded as a double […]
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GBPAUD Bullish Sequence Favors More Upside
Read MoreGBPAUD has found bid due to the divergence in the monetary policy between RBA and BOE. Bank of England (BOE) this year has hiked interest rate twice to fight against inflation. However, BOE indicates that it may still need to hike a few more times this year before it stops. This should take interest rates […]
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AUDUSD Elliott Wave View: Bounce Can Extend Higher
Read MoreAUDUSD the bounce from January 28 low is unfolding as a zigzag structure & expected to extend higher. This article and video look at the Elliott Wave path.
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EURUSD Elliott Wave View: Doing A Corrective Bounce
Read MoreEURUSD the bounce from January 28 low is doing a corrective bounce. This article and video look at the Elliott Wave path.
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Elliott Wave View: SOLUSD Should Expect to Find Support
Read MoreSolana (SOLUSD – FTX) is a very popular cryptocurrency having 7th rank by market cap of around $28 B at current price of $90.05. Solana is a highly functional open source project that banks on blockchain technology’s permissionless nature to provide decentralized finance solutions. SOLUSD started in early 2020. It made initially the low of […]
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USDSEK Started Wave 5 From The Blue Box Area
Read MoreIn this technical blog, we will look at the past performance of 4 hour Elliott Wave Charts of USDSEK. In which, the rally from 07 June 2021 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in USDSEK is incomplete to the upside & should see […]