How Much Farther Will US Dollar Rally?

by elliottwave-forecast.com | January 31, 2020 5:02 pm
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 – 98.59 area which is the 100% – 123.6% Fibonacci extension...

Elliott Wave View: NZDUSD Zigzag Correction in Play

by elliottwave-forecast.com | January 21, 2020 4:16 pm
NZDUSD short term Elliott Wave view suggests the decline from 12.31.2019 is unfolding as a zigzag Elliott Wave structure. Down from 12.31.2019 high (0.6755), wave 1 ended at 0.6717, and wave 2 bounce ended at 0.6739. Pair...

NZDUSD Elliott Wave Forecasting The Rally From The Blue Box

by elliottwave-forecast.com | December 26, 2019 5:55 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD pair  published in members area of the Elliottwave-Forecast.com .  As our members know, cycle from the 10/01 low is...

NZDUSD : Watch Reversal Zone for Another Move Higher

by elliottwave-forecast.com | January 30, 2019 4:25 pm
NZDUSD Technical Analysis January 29/2019 NZDUSD remains bullish as long as the January 22/2019 low remains untouched. If you read the article, NZDUSD : Possible Bullish Patterns, published on December 19/2018 you will already know that we...

NZDUSD : Possible Bullish Patterns

by elliottwave-forecast.com | December 24, 2018 9:44 pm
NZDUSD remains bullish as long as the October 8/2018 low remains untouched. On the Daily chart there are clear visible bullish patterns that can be seen.  In the chart below, market patterns are used to determine where...

NZDUSD Elliott Wave Analysis: Double Correction Taking Place

by elliottwave-forecast.com | August 30, 2018 2:26 pm
NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended Minor wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave ((i)), ((iii)) & ((v)) unfolded in 5 waves structure. Above from...

NZDUSD Elliott Wave Analysis: Ready For Recovery?

by elliottwave-forecast.com | June 20, 2018 2:37 pm
NZDUSD short-term Elliott Wave view suggests that the bounce to 0.7060 high ended intermediate wave (4). Down from there, the decline is unfolding as Impulse Elliott Wave structure where sub-division of Minute wave ((i)), ((iii)) & ((v)) are unfolding in...

NZDJPY Elliott Wave View: Impulse Sequence In Progress

by elliottwave-forecast.com | May 1, 2018 3:00 pm
NZDJPY Elliott Wave view in short-term cycles suggests that the bounce to 79.62 high ended Intermediate wave (X). Down from there, Intermediate wave (Y) remains in progress as a Zigzag Elliott Wave structure in which the first leg of...

NZDUSD Double Top (Mar 5, 2018)

by Kate Curtis | March 5, 2018 4:14 am
NZDUSD could be in for a long-term selloff as price formed a double top on its 4-hour time frame. The pair has yet to break below the neckline at the .7200 major psychological support to confirm the...

NZDUSD Trend Line Bounce (Jan 25, 2018)

by Kate Curtis | January 25, 2018 4:53 am
This pair has been trending higher, moving above an ascending trend line on the 1-hour time frame and just bouncing off support. A rally could take it up to the latest highs near .7425 and beyond. The...