Short term Elliott Wave view in EURJPY is telling us that pair completed an impulse from March 2022 low. Market peak at 144.289 and we labeled as wave ((1)). We believe that market has started a correction of the whole cycle. The currency is developing the first leg lower of a big correction. The drop […]

Dollar Index (DXY) continues to make higher high and higher low and it should remain bullish. This article and video look at the Elliott Wave path.

In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website.  As our members knew, we’ve been favoring the long side in EURNZD since it broke above May 12, 2022 high. Break of May 12, 2022 high created an incomplete bullish sequence in […]

Hello fellow traders.  USDCAD has given us another trading opportunity recently. As our members know, we’ve been favoring the long side in USDCAD and buying the dips in 3,7,11 swings. Reason for expecting further rally is incomplete bullish structure the pair  is showing in the weekly cycle from the 05.30. low . In this technical […]

We saw a surge in the market in CHFJPY last week. First time since 2007, SNB have increased their interest rate by 50 basis points. This occurred as soon as the FED raised their interest rates.  Therefore, the next step was us to wait for a 3 or a 7 swing correction. A good way […]

Short term Elliott Wave in GBPJPY suggests cycle from 12/3/2021 low has ended as wave ((1)) with the rally to 168.7. Wave ((2)) pullback is currently in progress to correct cycle from December 2021 low. Internal subdivision of wave ((2)) is unfolding as a double three Elliott Wave structure. Down from wave ((1)), wave A […]