AUDJPY : Support Becomes Resistance
On September 10/2020 AUDJPY registered a temporary top and started to trend lower. When a market is trending it will make higher highs and higher lows in a bullish trend and lower lows lower highs in a...
Tag: FOREX
GBPNZD : Trading with the Trend
Towards the end of August 2020 the GBPNZD pair reversed and has been trending lower since. At EWF we always encourage traders to trade with the trend and not against it. Looking at the 1 Hour chart,...
NZDJPY Made Bounce After Elliott Wave Zig Zag Pattern
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDJPY, published in members area of the website. As our members know, NZDJPY has recently given us 3 waves pull...
EURGBP : Using Market Patterns to Trade the Move Higher
On September 3 2020 I posted on social media Stocktwits/Twitter @AidanFX “LONGSIDE EURGBP”. The chart below was also posted September 3 2020 showing that bullish market patterns were visible on the 4 hour chart calling for a move...
NZDUSD : Possible Move Higher?
NZDUSD Technical Analysis September 9/2020 NZDUSD remains bullish as long as the August 20/2020 0.6488 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine possible trade entries. In the...
EURJPY Elliott Wave: Forecasting The Rally After Zig Zag Pattern
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...
EURGBP Blue Box Provides Another Buying Opportunity
In this technical blog, we are going to take a look at the past performance of EURGBP 4-Hour Elliott wave Charts that we presented to our members. In which, the rally from April 2020 low showed an impulse structure with the...
Buying The Dips In GBPJPY At Blue Box
In this blog, we are going to take a look at the Elliott Wave chart of GBPJPY. The pair is showing a bullish sequence from March 18 low. Therefore, the dips in 3,7, or 11 swings are...
USDCAD : Market Patterns Signalling the Move Lower
The chart below of the USDCAD pair was posted on social media StockTwits/Twitter @AidanFX July 21 2020 showing that a bearish market pattern (light blue descending triangle) formed and triggered SELLS when price broke below the triangle....
NZDUSD : A Dip Lower Will Find Bulls
NZDUSD Technical Analysis August 8/2020 NZDUSD remains bullish as long as the June 22/2020 0.6378 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine where price can possibly reverse...