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By Elliott Wave Forecast     August 20, 2021    - 20 min read

12 Best Forex Indicators for Forex Currency Trading

One of the prime concerns of a trader is to decide which is the right time to enter or exit the market.  To help determine, Best Forex Indicators are used,…

By EWFLuis     August 19, 2021    - 1 min read

Elliott Wave View: EURUSD Further Downside Likely

Short-term Elliott wave view in EURUSD suggests that the cycle from 24 May 2021 high is unfolding in a zigzag correction. The structure remains incomplete favoring more downside extension. Up…

By EWFHendra     August 18, 2021    - 2 min read

GBPUSD Potential Inverse Head and Shoulder Target 1.55

In the last Bank of England's meeting, the central gave a signal for a potential interest rate hike in 2022. This would put it ahead of a number of other…

By EWFHendra     August 11, 2021    - 1 min read

Elliott Wave View: Dollar Index (DXY) Further Strength Expected

Short Term Elliott Wave view in Dollar Index (DXY) suggests that the rally from May 26, 2021 low is unfolding as a zigzag Elliott Wave structure. Up from May 26,…

By EWFHendra     July 28, 2021    - 2 min read

Elliott Wave View: CADJPY Ended Cycle from June Peak

Short Term Elliott Wave in CADJPY suggests that the cycle from June 1, 2021 peak has ended in wave ((4)) at 85.4. The internal subdivision of wave ((4)) unfolded as…

By EWFHendra     July 27, 2021    - 1 min read

Elliott Wave View: GBPJPY Ended Correction

Short Term Elliott Wave in GBPJPY suggests that the correction from May 27, 2021 peak has ended in wave ((4)) at 148.44. The internal subdivision of wave ((4)) took the…

By EWFHendra     July 22, 2021    - 2 min read

Elliott Wave View: NZDUSD Shows Incomplete Bearish Sequence

$NZDUSD shows incomplete bearish sequence from February 26, 2021 peak favoring further downside. A 100% - 161.8% Fibonacci extension from February 26 peak can see the pair reaching 0.646 -…

By EWFHendra     July 16, 2021    - 1 min read

Elliott Wave View: CADJPY May See Support Soon

Short term Elliott Wave in $CADJPY suggests cycle from June 23 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from June 23 high, wave 1 ended…

By EWFHendra     July 8, 2021    - 1 min read

Elliott Wave View: USDCAD Further Rally Expected

USDCAD shows an incomplete sequence from June 1, 2021 low favoring further upside. Up from June 1, wave ((A)) ended at 1.2487 and pullback in wave ((B)) ended at 1.2252.…