$RUB : Russian Rouble Should Continue Show Strength

by elliottwave-forecast.com | May 12, 2021 2:42 pm
Back in December 2020, we presented within the main article both the monthly and the daily view  in the USDRUB. Long-term, the pair should provide a resolution thrust higher out of multi-year triangle pattern. Medium-term, however, we...

EURJPY Buying The Dips At The Blue Box

by elliottwave-forecast.com | May 10, 2021 3:39 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY pair , published in members area of the website.  EURJPY is showing bullish sequences in the...

CADJPY Forecasting The Rally & Buying The Dips At The Extremes

by elliottwave-forecast.com | May 3, 2021 4:21 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of CADJPY, published in members area of the website.  CADJPY is another Forex pair that we have been trading lately. The...

EURGBP Should Resume Bearish Trend Soon

by elliottwave-forecast.com | April 26, 2021 3:38 pm
Since earlier this year, EURGBP  has been trending lower due to the risk of Brexit off the table and optimism of UK’s vaccination program. We forecasted the move lower in EURGBP in our article on January 19...

Elliott Wave View: AUDJPY Resumes Higher

by elliottwave-forecast.com | April 2, 2021 3:50 pm
45 Minutes Elliott Wave chart below suggests AUDJPY ended wave (4) pullback at 82.26 in the blue box area. This area is the 100% – 161.8% Fibonacci extension area from wave (3) peak at 85.449. Pair has...

Can Wave 4 overlap with Wave 1?

by elliottwave-forecast.com | March 29, 2021 3:05 pm
One of the most misunderstood rules in Elliott Wave Theory is the overlap rule between wave 1 and 4. I have lost count how many times both members and non-members alike make a comment about our charts...

AUDJPY Rallies From The Blue Box

by elliottwave-forecast.com | March 29, 2021 3:04 pm
AUDJPY reacts at the bue box area The 1 hour AUDJPY chart below is from 3/26/2021. The pair reached the blue box down from the blue wave (3) peak. In blue wave (4), the pair subdivided into...

EURCAD Reacts Lower After Findings Bears In The Blue Box

by elliottwave-forecast.com | March 24, 2021 3:35 pm
EURCAD Found sellers in the blue box, and reacts lower. The 1 hour EURCAD chart below is from 3/23/2021 Asia update. In it, we see continuation of  clear impulse wave in black wave ((iii)) down from the blue wave...

AUDJPY : Bullish Market Patterns Calling the Move Higher

by elliottwave-forecast.com | March 19, 2021 3:22 pm
On March 8 2021 I posted on social media @AidanFX  “AUDJPY LONG at 83.40 Stop Loss at 82.77 Target 84.03 – 84.34 area.” and “AUDJPY 2nd LONG at 83.43 Stop Loss at 83.12 Target 83.74 – 84.03...

The $GBPCHF Long Term Cycles & Swings

by elliottwave-forecast.com | March 2, 2021 4:10 pm
The $GBPCHF Long Term Cycles & Swings Firstly as seen on the monthly chart below there is data back to the early 1970’s readily available in the pair. It obviously had a central bank intervention during the...