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, […]
-
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 […]
-
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.
-
Bleak Canada’s GDP Pummeled Loonie
Read MoreCanada’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 percent in the fourth quarter of 2018. This equals to 0.4% annualized rate, which is significantly lower than analyst expectations of around 1%. This is […]
-
Elliott Wave View: EURJPY Rally Should Resume
Read MoreThis article and video explains the short term Elliott Wave path in EURJPY. Pair shows a bullish sequence from early January favoring more upside.
-
Elliott Wave View: Downside Pressure in EURGBP
Read MoreElliott Wave sequence in EURGBP shows a 5 swing bearish sequence from August 29, 2017 high, suggesting more downside. This article & video looks at the next path of the pair.
-
AUDCAD Elliott Wave View: Forecasting The Decline
Read MoreAUDCAD short term Elliott wave view suggests that the pair bounced higher as double three structure & failed lower as expected