Elliott Wave View: EURJPY Should Extend Lower
EURJPY has ended the cycle from Jan 3, 2019 low at 127.5. We label this rally from Jan 3 to March 1, 2019 as wave ((X)). This means the pair…
Elliott Wave Analysis: Trading EURGBP with Right Side System
In this blog, I want to share with you some Elliott Wave charts of EURGBP which we presented to our members recently. You see the 1-hour updated chart presented to our clients on…
Elliott Wave View: EURUSD Breaks Down After ECB Meeting. What’s Next?
In today's meeting, the ECB (European Central Bank) has downgraded their economic growth and inflation forecast. In addition, it has announced a fresh stimulus in the form of TLTRO (Targeted…
AUDNZD Incomplete Bearish Sequences Calling The Decline
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of AUDNZD published in members area of the website. As our members know,…
Elliott Wave View: Further Strength in EURAUD
Short Term Elliott Wave view in EURAUD suggests the rally from February 21, 2019 low (1.5736) is unfolding as a 5 waves diagonal. Up from 1.5736, wave 1 ended at…
Bleak Canada’s GDP Pummeled Loonie
Canada's Dollar slumped last Friday due to worse-than-expected gross domestic product data. Canada's economy practically grinds to a halt at the end of 2018. Real GDP grew by just 0.1…
Elliott Wave View: EURJPY Rally Should Resume
After bottoming on January 3, 2019 low, EURJPY shows a sequence of higher high and higher low. We can see from the chart below that it has a bullish sequence…
Elliott Wave View: Downside Pressure in EURGBP
EURGBP shows a sequence of lower low from August 29, 2017 high, suggesting further downside is likely. The bounce to 0.9105 on January 3, 2019 high ended wave (2). From…
AUDCAD Elliott Wave View: Forecasting The Decline
In this technical blog, we are going to take a look at the past performance of AUDCAD Elliott Wave 1-Hour Charts that we presented to our members. In which, the…