AUDJPY Rallies From The Blue Box
AUDJPY reacts at the bue box area The 1 hour AUDJPY chart below is from 3/26/2021. The pair reached the blue box down from the blue wave (3) peak. In…
Elliott Wave View: GBPJPY Ended Correction
Rally from September 21, 2020 low in $GBPJPY is unfolding as a 5 waves impulse Elliott Wave structure. Up from September 21, 2020 low, wave (1) ended at 140.7 and…
EURCAD Reacts Lower After Findings Bears In The Blue Box
EURCAD Found sellers in the blue box, and reacts lower. The 1 hour EURCAD chart below is from 3/23/2021 Asia update. In it, we see continuation of clear impulse wave in black…
Elliott Wave View: CADJPY Upside Remains Favored
Short term Elliott Wave View suggests that rally from January 29 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 29 low, wave (1) ended…
Elliott Wave View: AUDUSD Rallies Post Fed Meeting
Short term Elliott Wave View suggests that AUDUSD ended wave ((4)) pullback at 0.7617. Pair however still needs to break above wave ((3)) high at 0.8007 to avoid a double…
Elliott Wave View: CADJPY Impulse Rally In Progress
Short term Elliott Wave View suggests that CADJPY's rally from March 1, 2021 low is unfolding a 5 waves impulse Elliott Wave structure. Up from March 1, 2021 low, wave…
Elliott Wave View: EURUSD Correction Maybe Completed
Short term Elliott Wave View suggests that EURUSD ended wave ((4)) pullback at 1.1834. Internal of wave ((4)) unfolded as a zigzag Elliott Wave structure where wave (A) ended at 1.1951,…
DXY To Breathe Before Further Decline As sellers Are Still In Charge
More correction expected in the DXY as sellers continue to dominate The DXY or the dollar index has been in a steady decline from the 102.97 levels. These levels were…
Elliott Wave View: GBPUSD Further Correction Expected
Short Term Elliott Wave View on GBPUSD suggests the rally to 1.4239 ended wave ((W)). Pair is now correcting in wave ((X)) in a larger 3, 7, or 11 swing…