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 15, 2020 and then the pair started trading higher again and managed to break above January 13, 2020 high to create an incomplete sequence higher […]

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 members know, CHFJPY is showing impulsive structures within the rally from the 108.79 low. We were calling for further extension higher in the pair recently. The […]

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 is the 100% – 123.6% Fibonacci extension target from December 31, 2019 low. From the above area, it’s possible larger 3 waves reaction against US […]

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 and pair has since then made a new high above 0.9729 and today, we would look at the structure of the bounce from 0.9610 and […]

CADJPY is correcting the cycle from August 25, 2019 lows as a zigzag structure. This article & video show the Elliott Wave path.

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 at 71.234 low.  The pair then extended higher in wave ((i)) of 5.  Wave ((i)) ended at 73.343 high. From there the pair is proposed […]