Elliott Wave View: Impulsive Rally in EURUSD
EURUSD 1 hour chart below shows that the pair has ended the cycle from July 1 low in wave ((i)) at 1.1467 high. The dip in wave ((ii)) then ended…
Elliott Wave View: Dollar Index (DXY) Ending Wave ((v))
DXY 1 hour chart below shows that the index has continued to extend lower and can see more downside before ending wave ((v)). The index ended the cycle from June…
Elliott Wave View: AUDUSD Remain Supported
AUDUSD 45 minutes chart below shows that pair has ended cycle from July 9 high as wave 2 at 0.6918 low. The pullback unfolded as a zig-zag Elliott Wave Structure.…
EURGBP Forecasting The Rally After Zig-Zag Pullback
In this blog, we are going to take a look at the Elliott Wave chart of EURGBP. The 1 hour NY Midday chart update from July 6 shows that the…
Pound Sterling Gains from Positive Brexit Headlines
British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major…
EURGBP Resume Higher After Buyers Appear At Blue Box Area
In this blog, we are going to take a look at the Elliott Wave chart of EURGBP. The 1 hour London chart update from June 25, 2020 shows that the…
Bullish Sequence in EURGBP Favors More Upside
Pound Sterling declined against a basket of currencies last week after a series of negative news. First of all, Bank of England (BOE) decided to increase quantitative easing by £100BN, putting…
Elliott Wave View: EURJPY Can See More Downside
Elliott Wave View in EURJPY suggests the decline from 6.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 6.1.2020 high, wave 1 ended at 120.23…
Elliott Wave View: Bitcoin shows short term impulse up
Bitcoin (BTC/USD) is currently correcting the cycle from 3.13.2020 low. The instrument has just ended cycle from 6.1.2020 high (10429) as a double three structure. Down from 6.1.2020 high, wave…
