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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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EURUSD Resume Downside After Finding Sellers At Blue Box
Read MoreIn this blog, we take a look at the past performance of EURUSD charts. In which, the pair provided a selling opportunity at the blue box area.
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Elliott Wave View: GBPCAD Rally Should Fail for Further Downside
Read MoreShort Term Elliott Wave View in GBPCAD suggests rally to 1.5367 ended wave ((iv)). Wave ((v)) lower is in progress to complete a cycle from August 2, 2022 high. Internal subdivision of wave ((iv)) unfolded as a zig zag Elliott Wave structure. Up from wave ((iii)), wave (a) ended at 1.5314 and pullback in wave […]
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Elliott Wave View: NZDUSD Rally Likely Fail in 3, 7, 11 Swing
Read MoreNZDUSD has completed a wave 4 and it should continue lower in wave 5. Wave ((i)) of 5 done and we are correcting in wave ((ii)) before turning lower again.
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Elliott Wave View: GBPUSD Should Complete an Impulse Lower
Read MoreShort Term Elliott Wave View in GBPUSD suggests the rally from 7.14.2022 low ended a wave (4) hit our blue box in 4 hour chart at 1.2298. Then pair was rejected and did a leading diagonal structure as wave 1 ended at 1.2000. The market bounce doing a zig zag correction, testing the high and […]
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Elliott Wave View: CADJPY Looking for 7 Swing
Read MoreCADJPY rally from 8.2.2022 low is in the form of 7 swing double correction. This article and video explain the Elliott Wave path.
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Elliott Wave View: Further Downside Likely in $EURUSD
Read MoreEURUSD shows an impulsive structure down from 8.10.2022 high. This article and video look at the Elliott Wave path of the pair.