Risk Appetite Bolster Yen Pairs

by elliottwave-forecast.com | February 17, 2021 3:48 pm
The Japanese Yen is weak against all other most-traded currencies, demonstrating market sentiment favoring riskier currencies. Japanese Yen is traditionally considered as safe haven currencies, and it tends to appreciate when there’s risk aversion in market. The...

How the Right Side and Correlation Help Improve Accuracy

by elliottwave-forecast.com | December 9, 2020 4:30 pm
Elliottwave-Forecast.com (EWF) approach to forecasting is unique compared to other services / wavers. Through years of experience, we have developed tools in addition to Elliott Wave to improve the forecasting accuracy. One of the chief complains with...

EURJPY Forecasting The Decline From Blue Box Area

by elliottwave-forecast.com | November 4, 2020 3:28 pm
In this technical blog, we are going to take a look at the past performance of EURJPY, 4-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature...

EURJPY Elliott Wave: Forecasting The Rally After Zig Zag Pattern

by elliottwave-forecast.com | September 11, 2020 4:14 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website.  As our members know, EURJPY is showing higher high...

Elliott Wave View: Incomplete Bullish Sequence in EURJPY

by elliottwave-forecast.com | August 5, 2020 4:26 pm
EURJPY 45 Minutes chart below shows that the pair has ended the cycle from July 22 high in wave ((iv)) at 122.81 low. Up from wave ((iv)) low, the pair extended higher in wave (i), which ended...

Elliott Wave View: EURJPY Can See More Downside

by elliottwave-forecast.com | June 18, 2020 3:33 pm
Elliott Wave View in EURJPY suggests the decline from 6.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure.  Down from 6.1.2020 high, wave 1 ended at 120.23 as an impulse. Afterwards, the bounce in...

Divergence Trading Patterns

by elliottwave-forecast.com | May 18, 2020 3:23 pm
Divergence trading patterns can signal traders of possible trade setups. There are 2 types of divergence patterns, regular divergence and hidden divergence. Both patterns can signal a trader on which side to trade the market. A divergence pattern...

EURJPY Forecasting The Path Lower

by elliottwave-forecast.com | May 8, 2020 3:55 pm
In this blog, we are going to take a look at the Elliott Wave chart of EURJPY.  The chart from 4 May London update shows that the pair ended the cycle from 29 April low at 117.78...

EURJPY : Market Patterns Calling the Move Lower

by elliottwave-forecast.com | April 20, 2020 4:32 pm
EURJPY Technical Analysis  On April 14/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  the SELL trade setup “Sell EURJPY @ 117.67 Stop Loss @ 117.93 Target @ 117.15” EURJPY 1 Hour Chart April 14.2020 : The chart below was...

EURJPY: Rejection in Blue Box Starts Next Leg Lower

by elliottwave-forecast.com | April 20, 2020 4:23 pm
EURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase the likelihood of a break lower. Moreover,...