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…
The $EURGBP Longer Term Cycles & Elliott Wave
The $EURGBP Longer Term Cycles & Elliott Wave Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being derived…
The $GBPCHF Long Term Cycles & Swings
The $GBPCHF Long Term Cycles & Swings Firstly as seen on the monthly chart below there is data back to the early 1970’s readily available in the pair. It obviously…
Elliott Wave View: GBPJPY Rally Likely to Extend Higher
GBPJPY continues to rally in impulsive Elliott Wave structure from January 18, 2021 low (140.3). Up from there, wave ((i)) ended at 144.09 and pullback in wave ((ii)) ended at…
Risk Appetite Bolster Yen Pairs
The Japanese Yen is weak against all other most-traded currencies, demonstrating market sentiment favoring riskier currencies. Japanese Yen is traditionally considered as safe haven currencies, and it tends to appreciate…
Elliott Wave View: Buying the Dips in GBPUSD
Short term Elliott wave view in GBPUSD suggests the pullback to 1.3562 ended wave ((ii)). Internal of the decline unfolded as a triple three structure. Down from wave ((i)) high…
AUDJPY Elliott Wave View: More Upside Is Expected
Short term Elliott wave view in AUDJPY suggests that the main cycle from March low is showing a higher high sequence favoring more upside. While in the chart below, the…
