The Elliott Wave Theory, as many traders know, was developed in the 1930' and the main pattern is the 5 waves structure followed by 3 waves pullback. The Theory was developed based…

EURJPY short-term Elliott wave view suggests that the decline to 124.87 low ended intermediate wave (2) pullback of a leading diagonal structure from 5/29/2018 cycle. Above from there, the rally…

The Canadian Dollar strengthened to a two month high against US Dollar earlier this week. Market participants seem to bet on possible inclusion of Canada in a new Nafta pact.…

NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended Minor wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave…

Elliott Wave view on AUDUSD suggests that the decline to 0.7199 ended Intermediate wave (W). Intermediate wave (X) rally appears complete at 0.7382. The internal of Intermediate wave (X) unfolded…

AUDNZD Short-term Elliott Wave view suggests that the rally to 1.1066 ended Minor wave X. The internal subdivision of Minor wave X is unfolding as a zigzag Elliott Wave structure…

EURUSD short-term Elliott Wave analysis suggests that the bounce to 1.1747 high ended Minor wave 2. Down from there, Minor wave 3 ended at 1.1299 low. The internals of that…

USDNOK short-term Elliott wave view suggests that the pullback to $8.1165 low ended Minute wave ((ii)). Up from there, the rally higher is taking place as Elliott wave impulse structure where…

AUDUSD short-term Elliott wave view suggests that the bounce to 0.7455 high ended intermediate wave (B). Down from there, the pair has broken to new lows confirming the intermediate wave…