USDSEK Forecasting Rally Into Blue Box Based on Incomplete Sequence
USDSEK found a low at 9.2929 on December 31, 2019 and rallied in 5 waves to 9.529. This was followed by a 3 waves pull back to 9.439 on January…
CHFJPY Elliott Wave View : Forecasting The Path
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of CHFJPY, published in members area of the website. As our…
How Much Farther Will US Dollar Rally?
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 - 98.59 area which…
USDCHF Incomplete Elliott Wave Sequence Puts Sellers in Control
USDCHF found a low on 1.16.2020 (0.9610) and has been bouncing since then. Initial rally from 0.9610 to 0.9729 was in 3 waves which was followed by a pull back…
CADJPY Elliott Wave View: Pullback Another Opportunity To Buy?
Short term Elliott wave view in CADJPY suggests that the rally from August 25, 2019 low ended 5 waves as a Leading diagonal structure at 84.57 high. Down from there,…
NZDJPY Forecasting The Bounce From Blue Box Area
In this blog, we are going to take a quick look at the Elliottwave chart of NZDJPY. The chart from 1.22.2020 New York update showed that NZDJPY ended wave 4…
Elliott Wave View: EURUSD Can See Further Weakness
EURUSD short term Elliott Wave view suggests the decline from 1.6.2020 high is unfolding as a double three Elliott Wave structure. Down from January 6 high, wave ((w)) ended at…
Elliott Wave View: NZDUSD Zigzag Correction in Play
NZDUSD short term Elliott Wave view suggests the decline from 12.31.2019 is unfolding as a zigzag Elliott Wave structure. Down from 12.31.2019 high (0.6755), wave 1 ended at 0.6717, and…
Swiss Franc Strengthens After Being Added Back to US Watch List
Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as…
