USDJPY Elliott Wave view suggests that the decline from 11.6.2017 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 11.6.2017 high (114.73), Intermediate wave (1) ended at 110.84, Intermediate wave (2) ended at...
USDJPY is still inside its triangle consolidation pattern and is testing support at the 105.60 level. A bounce from this area could lead to another test of resistance at 106.30 or a break higher. However, the 100...
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of CADJPY published in members area of the website. In further text we’re going to explain the short...
In this blog, we will have a look at some past Elliott Wave structures of the instrument AUDJPY. In the chart below, you can see the 1-hour weekend update presented to our members on the 03/10/18. Calling...
Oil (CL_F) Short Term Elliott Wave view suggests that the decline to 59.95 on 3/9 ended Minor wave 2. Minor wave 3 is unfolding as a 5 waves impulse Elliott Wave Structure where Minute wave ((i)) of 3...
The US dollar has rallied a bit during the trading session on Wednesday, reaching towards the 106.50 level. This is an area that has been noisy more than once, and it looks as if we are trying...
GBPUSD is trending higher on its 1-hour time frame and moving inside an ascending channel pattern. Price is just bouncing off the top and might be due for a dip to the bottom around the 1.3970 level....
The US dollar has gone sideways against the Canadian dollar over the last 24 hours, after initially dipping at the open on Monday. The market looks very likely to hang about this area, as we are watching...
I believe that much of the selling in this pair is probably due to people stepping away from the currency markets as we await confirmation from the Federal Reserve as to what they might be doing over...
The EUR/USD pair broke down significantly during the trading session on Tuesday, reaching down towards the 1.2270 level, an area that has offered support recently. I think that if we bounce from here, the market will probably...
