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NZDJPY Making Strong Comeback From Blue Box

CalendarMonday 6 November 2023 User By Hassan Sheikh

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: AUDJPY Turning Lower

    Elliott Wave View: AUDJPY Turning Lower


    AUDJPY ended cycle from December 4, 2021 low and now should be correcting at least in larger 3 waves. This article and video look at the Elliott Wave path.

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  • Elliott Wave View: AVAX Should Extend Higher

    Elliott Wave View: AVAX Should Extend Higher


    AVAX (Avalanche) is one the top cryptocurrency having market cap around $25.9B. In cryptocurrency segment, it is ranked 11th by market cap having current price at around $106.1. Since June-2021 low, it rises more than 10 fold in the price, which shows the tremendous strength & trend in past few months. Since September-2020, AVAX (AVAXUSDT […]

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  • Elliott Wave View: USDCAD Shows Bullish Sequence

    Elliott Wave View: USDCAD Shows Bullish Sequence


    The Fed has indicated that they plan to continue to taper and start raising interest rates from near zero to curb the strongest inflation in four decades. A hawkish Fed, if followed through in action, may support in USD at least in the short term. USDCAD Daily Chart $USDCAD Daily Chart above shows an incomplete […]

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  • Elliott Wave View: AUDUSD Approaching Inflection Area

    Elliott Wave View: AUDUSD Approaching Inflection Area


    AUDUSD shows an incomplete sequence from February 25, 2021 high favoring more downside. This article and video look at the Elliott Wave path.

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  • Elliott Wave View: Bitcoin (BTCUSD) Looking to Extend Higher

    Elliott Wave View: Bitcoin (BTCUSD) Looking to Extend Higher


    Bitcoin (BTCUSD) rallies as an impulse from December 4 low favoring more upside. This article and video look at the Elliott wave path.

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  • NZDUSD Bearish Sequence Favors More Downside

    NZDUSD Bearish Sequence Favors More Downside


    NZDUSD shows incomplete lower low sequence from February 25, 2021 peak favoring more downside. Below is the daily chart of NZDUSD showing the incomplete bearish sequence NZDUSD Daily Elliott Wave Chart The Daily Chart of NZDUSD above shows a possible 100% – 161.8% Fibonacci extension target from February 25, 2021 peak towards 0.615 – 0.656. […]

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