NZDUSD correction remains in progress as a zigzag as far as rally fails below Jan 16 high. This article and video looks at the short term Elliott Wave path.
NZDUSD Technical Analysis On December 17/2019 EWF clients/members were advised that NZDUSD would bounce/rally higher. We use blue boxes to advise clients of potential reversal areas. In the chart below there is a clear Elliott Wave bullish impulse wave forming and we showed our clients the wave (4) termination in the blue box. Our clients […]
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD pair published in members area of the Elliottwave-Forecast . As our members know, cycle from the 10/01 low is unfolding as 5 waves structure. Recently we got 3 waves pull back against the 0.6316 low. The pair […]
NZDUSD has an incomplete 5 swing sequence from May 23, 2019 low favoring further upside. Short term Elliott Wave view suggests the pullback to 0.6565 on July 10, 2019 low ended wave ((X)). Pair then rallies from there as a zigzag Elliott Wave structure where wave (A) of this zigzag is in progress as an impulse. Up […]
NZDUSD Technical Analysis January 29/2019 NZDUSD remains bullish as long as the January 22/2019 low remains untouched. If you read the article, NZDUSD : Possible Bullish Patterns, published on December 19/2018 you will already know that we are only looking to BUY/LONG kiwi dollar. If you missed that move higher then there is another opportunity […]
NZDUSD Technical Analysis December 19/2018 NZDUSD remains bullish as long as the October 8/2018 low remains untouched. On the Daily chart there are clear visible bullish patterns that can be seen. In the chart below, market patterns are used to determine where price can possibly pause and bounce higher. The green bullish AB=CD pattern triggers […]