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In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]
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Elliott Wave View: Impulse Rally in EURUSD Favors More Upside
Read MoreEURUSD shows incomplete sequence from September 25 low favoring more upside. This article and video look at the Elliott wave path.
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Elliott Wave View: AUDUSD Ready To Turn Lower?
Read MoreAUDUSD is showing 5 waves decline from the peak suggesting that it should be ready to turn lower. This article & video look at the Elliott wave path.
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Is Fiscal Stimulus the Next Catalyst for US Dollar Decline?
Read MoreThe second stimulus bill currently under negotiation may be the next catalyst for the decline in US Dollar. The negotiation between Democrat and Republican gained urgency last week as President Trump contracted the virus and required hospitalization. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin continues to negotiate a proposal to send second stimulus […]
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GBPJPY Elliott Wave View: Bulls Are Expected To Remain In Control
Read MoreGBPJPY is showing 5 waves rally from the lows suggesting that bulls remain in control. This article and video look at the Elliott wave path.
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Elliott Wave View: Further Downside in Pound Sterling
Read MoreCycle from Sept 1 in Pound Sterling looks incomplete and pair can see further downside. This article looks at the Elliott Wave path.
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Elliott Wave View: EURUSD Will Remain Supported in Dips
Read MoreEURUSD is doing a double correction from 9/1 high. The pair can see another leg lower while below 9/10 high before upside resume again.