Short term Elliott Wave view in Ten Year Notes (ZN_F) suggests the rally from December 2019 low is unfolding as a 5 waves impulsive structure. Up from December 13, 2019 low, wave ((1)) ended at 131.29 and wave ((2)) pullback ended at 130.07. Wave ((3)) rally then ended at 136.23 and this can be seen […]

USDCHF shows an incomplete sequence from April 2019 peak favoring further downside and rally to fail in 3, 7, 11 swing. In the short term chart below, the bounce to 0.985 ended wave B and pair has resumed lower in wave C. The internal subdivision of wave C is unfolding as a 5 waves impulse Elliott […]

AUDJPY sank to 11 year low last week as the market is pricing in a drastically lower Australia’s growth outlook. The coronavirus outbreak around the world has disrupted everything from travel, supply chain, and daily activities. The virus first originated in Wuhan, China and has infected 81,000 people globally and killed more than 2700 people. […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. As our members know GBPUSD has incomplete bearish sequences in the cycle from the 12/13 peak. The pair is targeting 1.2668 area ideally . Consequently, we advised […]

In this blog, we are going to take a look at the Elliottwave chart of CADJPY.  The rally from August 26, 2019 low unfolded as 5 waves impulsive move up in wave (A) as a diagonal.  Based on Elliottwave theory, the impulsive wave up will be followed by 3 waves correction before resuming to the upside.  […]

In this blog, we take a look at the past performance of 1 hour Elliott Wave charts of EURNZD, In which our members took advantage of the blue box areas.