In this blog, we are going to take a look at the Elliottwave chart of USDNOK.  The chart from March 13 London update shows that the cycle from March 9, 2020 low unfolded as 5 waves impulsive structure. The rally in wave ((iii)) ended at 10.2785 high.  Based on Elliottwave theory, a 3 waves pullback […]

U.S Dollar demand is so high as a result of the corona virus pandemic that now there’s a squeeze in the credit market.  The dollar soared this week as investors liquidated positions across a broad range of assets, including stocks, gold, and bonds, to meet margin calls and raise cash. . Big corporations around the […]

DXY cycle from March 09, 2020 low is showing an impulse rally favoring more upside. This article & video looks at the Elliott Wave path.

USDJPY cycle from March 09, 2020 low is showing a higher high sequence favoring more upside. This article & video looks at the Elliott Wave path.

Here, I am going to take a look on weekly and daily charts of Euro Swissy $EURCHF. In a quiet natural way, this cross is a ratio of two pairs: $EURUSD and $USDCHF. In weekly time frame, the pair $EURCHF shows a strong positive correlation to $USDCHF which is currently turning up. We expect the latter to […]

In this blog, we are going to take a look at the Elliottwave chart of AUDNZD.  The chart below from March 3 update shows that the cycle from November 8, 2019 high unfolded as 5 waves impulsive structure. The move down in wave (A) ended at 1.0304 low.  Based on Elliottwave theory, a 3 waves […]