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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Elliott Wave View: EURUSD Correction Maybe Completed
Read MoreEURUSD has ended correction from January 6 high. Pair can see further upside while above March 9 low. This article & video look at the Elliott Wave path.
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DXY To Breathe Before Further Decline As sellers Are Still In Charge
Read MoreMore 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 seen in March 2020. And since then, we have seen lower highs and lower lows to date. The recent low was set at 89.692 on […]
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Elliott Wave View: GBPUSD Further Correction Expected
Read MoreGBPUSD shows a 5 waves decline from February 24 peak suggesting the correction is likely incomplete. This article and video look at the Elliott Wave path.
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The $EURGBP Longer Term Cycles & Elliott Wave
Read MoreThe $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 from the German Deutsche Mark up until the point EURUSD currency existed. Secondly as seen on the monthly chart below I will describe how I think the […]
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The $GBPCHF Long Term Cycles & Swings
Read MoreThe $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 had a central bank intervention during the month of October 1974 where price topped out at 6.3387. Most all Elliott Wave practitioners are geared to […]
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Elliott Wave View: GBPJPY Rally Likely to Extend Higher
Read MoreGBPJPY rally in impulsive structure from January 18 low and pullback likely continues to be supported. This article and video look at the Elliott Wave path.