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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: AUDJPY Looking for Further Downside

    Elliott Wave View: AUDJPY Looking for Further Downside


    Short Term Elliott Wave view in AUDJPY suggests cycle from 6/8/2022 peak looks incomplete and can see further downside. Decline from 6/8/2022 peak is unfolding as a double three Elliott Wave structure. Down from there, wave W ended at 91.4 and rally in wave X ended at 95.75. Pair has broken below wave W at […]

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  • Renminbi ($USDCNH) Started A Correction Phase As Expected

    Renminbi ($USDCNH) Started A Correction Phase As Expected


    In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. On February 2014, renminbi found support at 6.0153 and from there it made a perfect zig – zag correction structure to equal legs at 7.1964 in June 2020. After that, the USDCNH continue with the downtrend. Renminbi […]

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  • 10 Best Alt Coins to Invest in 2024

    10 Best Alt Coins to Invest in 2024


    What are Alt Coins? Altcoin, short for alternative coin, is any cryptocurrency other than market leader Bitcoin. In other words, they are alternatives to Bitcoin. Every altcoin has a different community and a unique backstory behind its creation. Some stories are valuable and contribute to significant price increases over time. While other altcoins may turn […]

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  • Elliott Wave View: GBPUSD Rally Should Fail in 3, 7, 11 Swing

    Elliott Wave View: GBPUSD Rally Should Fail in 3, 7, 11 Swing


    GBPUSD shows an impulsive decline from 5/27/2022 high looking further downside. This article and video look at the Elliott Wave path.

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  • Elliott Wave View: Bearish Trend in EURUSD Remains Intact

    Elliott Wave View: Bearish Trend in EURUSD Remains Intact


    EURUSD continues to extend lower impulsively and rally should fail in 3, 7, 11 swing. This article and video look at the Elliott wave path.

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  • USDNOK Buying The Dips At The Blue Box

    USDNOK Buying The Dips At The Blue Box


    Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of USDNOK, published in members area of the website. We have favoring the long side due to impulsive bullish sequences the pair is showing in the cycle from the 9.33 low. Consequently, we recommended members to avoid […]

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