In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]
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Fed’s Policy U-Turn Deters Dollar Bulls – US Dollar Weakness Ahead
Read MoreAfter repeated rebuke by President Trump, the Fed has completely capitulated. Following the two-day meeting, the Fed has scaled back their projected interest rates rise to zero this year. This reflects the concern about slowing economic growth, global market uncertainty, financial market volatility, and muted inflation. Below is Fed Chairman Jerome Powell’s press release Powell: […]
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Elliott Wave View: EURJPY Should Extend Lower
Read More$EURJPY has ended cycle from Jan 2019 low, and pair can be in early process of turning lower. This article and video explains the Elliott Wave path.
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Elliott Wave Analysis: Trading EURGBP with Right Side System
Read MoreIn 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 the 03/09/19. The higher degree trend of the pair is to the downside. So our members know that the right side is to the downside. […]
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Elliott Wave View: EURUSD Breaks Down After ECB Meeting. What’s Next?
Read MoreThis article and video explains the short term Elliott Wave path for EURUSD. The pair now shows bearish sequence favoring further downside.
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AUDNZD Incomplete Bearish Sequences Calling The Decline
Read MoreHello 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, AUDNZD has incomplete sequences in the cycle from the January 21st (1.0673) peak. Break of 02/06 low made January cycle incomplete to the downside, which […]
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Elliott Wave View: Further Strength in EURAUD
Read MoreThis article and video explains the short term Elliott Wave path for EURAUD. Pair is expected to continue higher to end 5 waves diagonal from Feb 21 low.