Elliott Wave View: Pound Sterling in a New Impulsive Lower
The decline in Pound Sterling from 4.15.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure, Down from 4.15,2020 high, wave 1 ended at 1.2245 and bounce in…
Outlook in Bitcoin after Halving
Retail investors may return to Bitcoin again after the digital currency completed the one-in-four year adjustment called halving. Halving provides less rewards to miners who run high-powered computers to solve…
Elliott Wave View: USDJPY Has Scope for Further Downside
USDJPY shows incomplete lower low (bearish) sequence from March 26, 2020 high and pair has scope to see more downside. The decline from March 26 high is unfolding as a…
Elliott Wave View: GBPJPY Decline Extends in Wave 3
GBPJPY decline from April 9, 2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from April 9 high, wave 1 ended at 132.65 and wave 2…
CHFJPY Sellers Appeared At Blue Box Area
In this blog, we are going to take a look at the Elliott Wave chart of CHFJPY. The 1 hour weekend chart update from 26 April shows that CHFJPY ended…
Elliott Wave View: Rally in EURJPY Expected to Fail
EURJPY broke below September 3, 2019 low (115.86) and pair now shows a lower low sequence from February 2018 high and January 2020 high as the video below explains. Near…
GBPJPY Found Sellers At The Blue Box Area
In this blog, we are going to take a look at the Elliottwave chart of GBPJPY. The 4 hour chart update below from 15 April shows that the cycle from…
EURJPY: Rejection in Blue Box Starts Next Leg Lower
EURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase…
Rupiah at Weakest Level Since 1998 Asia Financial Crisis
Indonesian Rupiah eased to 15,800 per US dollar last Friday after inching closer to break the 1998 Asia crisis peak at Rp 16,850. The high this month at Rp 16,738…
