In this technical blog, we take a look at the past performance of 1 hour Elliott Wave charts of USDNOK, which our members took the advantage of blue boxes.

Hello fellow traders.  Another instrument that we have been trading lately is AUDJPY. In this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDJPY, published in members area of the website.  As our members know, AUDJPY has incomplete bearish sequences in the cycle from the 04/17 peak. Consequently, […]

Australian Dollar extended the decline to its lowest in a decade last week. The slump came after RBNZ (Reserve Bank of New Zealand) delivered a bigger than expected interest rate cut. RBNZ governor even went so far and promised to do whatever it takes, including more rate cut, negative rate, QE.  This prompts the speculation […]

Hello fellow traders. The YEN group has been selling lately across the board and the path has become more clear with the SEKJPY breaking its 2016 lows. We at Elliott Wave Forecast trade the Market different than most other market participants. We track over 100 instruments across the world. That allows us to locate the […]

Last week’s tweet by president Trump to slap a new round of tariffs to Chinese goods has sparked risk aversion in the market.  Trump announced that he is imposing an additional 10% tariff on $300 billion of Chinese imports beginning on September 1. Trump said the additional tariff is due to China being slow to […]

NZDJPY extends lower after the 50 bp rate cut by RBNZ. Elliott wave view suggests the pair shows incomplete bearish sequence favoring more downside.