USDJPY: Forecasting the Rally Based on Elliott Wave Structure

by elliottwave-forecast.com | June 3, 2020 3:54 pm
USDJPY extended the rally this week and exceeded the peak seen on 20th May 2020. In this article, we would look at the forecast from start of the week and how we called it higher. We will...

GBPAUD: Saw Sellers At The Elliott Wave Blue Box Area

by elliottwave-forecast.com | June 2, 2020 3:54 pm
In this technical blog, we are going to take a look at the past performance of GBPAUD, 1-Hour Elliott wave Charts that we presented to our members. But before looking into the Charts, we need to understand the market nature...

Elliott Wave View: Further Downside in GBPAUD

by elliottwave-forecast.com | June 2, 2020 3:53 pm
Elliott Wave View in GBPAUD suggests the decline from 5.4.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure. Down from 5.4.2020 high, wave 1 ended at 1.8943 and bounce in wave 2 ended at...

GBPNZD : Trading the Move Lower

by elliottwave-forecast.com | June 1, 2020 3:51 pm
On May 25 2020 I posted on social media Stocktwits/Twitter @AidanFX  “GBPNZD will be watching for selling opportunities”. GBPNZD has been trending lower since April 2020 so the clear path will be to trade with the trend and not...

EURCAD Incomplete Bearish Sequence Pointing Lower

by elliottwave-forecast.com | May 29, 2020 4:20 pm
In this blog, we are going to take a look at the Elliott Wave chart of EURCAD.  The 4 hour chart update from May 29 shows that the pair has continued to extend lower from March 19...

Elliott Wave View: Further Downside in GBPNZD

by elliottwave-forecast.com | May 21, 2020 3:24 pm
GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down...

$EURGBP FX Pair Elliott Wave and Longer Term Cycles

by elliottwave-forecast.com | May 20, 2020 4:39 pm
$EURGBP FX Pair Elliott Wave and Longer Term Cycles Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being derived from the German Deutsche Mark up...

EURGBP : Market Patterns Calling the Move Higher

by elliottwave-forecast.com | May 18, 2020 3:25 pm
EURGBP Technical Analysis On May 5/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  “$EURGBP will be watching for possible buying opportunities.” EURGBP 1 Hour Chart May 8.2020 : The charts below was also posted on social media (StockTwits/Twitter) @AidanFX...

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...

Elliott Wave View: Pound Sterling in a New Impulsive Lower

by elliottwave-forecast.com | May 15, 2020 3:49 pm
The decline in Pound Sterling from 4.15.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure, Down from 4.15,2020 high, wave 1 ended at 1.2245 and bounce in wave 2 ended at 1.2643. Wave 3...