Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. GBPUSD is another Forex pair that we have been...
On February 12/2021 EURNZD was showing bearish market patterns that was signalling traders that there was a high probability that the pair could make a move lower. The pair has been trending and moving lower since the...
On February 7/2021 I published an article calling for EURJPY to advance higher -> EURJPY : Expecting More Upside . In that article I explained why I entered the first BUY entry (green) at 126.22. In that same...
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...
Short Term Elliott Wave View in USDJPY suggests the rally from January 6 low is unfolding as a zigzag Elliott Wave structure. Up from January 6 low, wave A ended at 104.39 and wave B pullback ended...
Hello fellow traders. USDNOK is another instrument that has given us nice trading opportunity lately . As our members know the pair is bearish against the 9.6147 peak and recently it has found sellers in the recovery against...
Pound sterling continues to gain against other major currencies as the risk of a hard Brexit is now off-table. Last week, the currency also got a boost after Bank of England ruled out negative interest rate anytime...
EURAUD is one of 78 instruments that we analyze here at EWF. For some time, we have recommended our clients to keep the downtrend in the pair and that it was preferable to look for sell the...
In this technical blog, we are going to take a look at the past performance of EURNZD, 1-Hour Elliott wave Charts. In which, the decline from 12/22/2020 peak took place as an impulse Elliott wave structure with right side tag pointing lower...
AUDJPY is an important currency pair at a global level because this reacts in favor of risk appetite; that is, removing the movements of the Australian dollar and the Japanese yen, the uptrend of the AUDJPY favors...
