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, […]
-
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 […]
-
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 […]
-
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.
-
Risk Appetite Bolster Yen Pairs
Read MoreThe 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 when there’s risk aversion in market. The positive outlook for vaccine rollouts and fiscal stimulus in various countries, especially the United States, contribute to this […]
-
Elliott Wave View: Buying the Dips in GBPUSD
Read MoreGBPUSD continues to extend higher since forming the low in March 2020. This article and video look at the Elliott Wave path.
-
AUDJPY Elliott Wave View: More Upside Is Expected
Read MoreAUDJPY cycle from March low is showing a higher high sequence favoring more upside. This article and video look at the Elliott wave structure.