Yen and Indices’ Relationship
What is a safe haven? One of the first principles we learn in FX are market sentiments. The first thing we learn in market sentiments is about how the yen…
Elliott Wave View: CADJPY Looking for Further Downside
Short Term Elliott Wave View on CADJPY suggests that the rally to 91.7 ended wave (2). Pair has turned lower in wave (3) with internal subdivision as a 5 waves…
AUDUSD Selling The Bounce At Extreme Area
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of AUDUSD. In which, the decline from 13 January 2022 high unfolded as…
Elliott Wave View: USDSEK Looking for Another Leg Higher
Short Term Elliott Wave View on USDSEK suggests that the pullback to 9.06 ended wave 2. Pair has turned higher in wave 3 with internal subdivision as a 5 waves…
Elliott Wave View: NZDJPY Turns Lower After 3 Waves Rally
Short 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)…
GBPAUD Bullish Sequence Favors More Upside
GBPAUD 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…
AUDUSD Elliott Wave View: Bounce Can Extend Higher
The short-term Elliott wave view in AUDUSD suggests that the decline from January 13, 2022 high unfolded in 5 wave impulse sequence & showing a bearish sequence favoring further downside in…
EURUSD Elliott Wave View: Doing A Corrective Bounce
The short-term Elliott wave view in EURUSD suggests that the pair is doing a corrective bounce to correct the cycle from January 14, 2022 high. While the decline to $1.1120…
Elliott Wave View: SOLUSD Should Expect to Find Support
Solana (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…
