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NZDJPY Making Strong Comeback From Blue Box

CalendarMonday 6 November 2023 User By Hassan Sheikh

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 Forecast: USDCHF Dips Can See Support

    Elliott Wave Forecast: USDCHF Dips Can See Support


    USDCHF rally from March 28 low is impulsive and while dips stay above there, pair can see further upside.This article & video look at the Elliott Wave path.

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  • Elliott Wave View: EURJPY Has Resumed Lower

    Elliott Wave View: EURJPY Has Resumed Lower


    EURJPY has completed correction and resumed lower in an impulsive structure. This article and video looks at the Elliott Wave path.

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  • Elliott Wave View: EURAUD Can See More Downside

    Elliott Wave View: EURAUD Can See More Downside


    EURAUD has incomplete sequence from March 19 high and can see further downside. This article and video look at the Elliott Wave path.

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  • Elliott Wave View: EURUSD Bounce May Extend

    Elliott Wave View: EURUSD Bounce May Extend


    EURUSD shows an incomplete sequence from Feb 16, 2018 high favoring further downside while below March 9 high (1.1496). Near term, the decline from March 9, 2020 high (1.1496) ended wave ((1)). Bounce in wave ((2)) is unfolding as a zigzag Elliott Wave structure where wave (A) ended at 1.1147. Internal of wave (A) unfolded […]

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  • SEKJPY Breaks below September 2019 to Resume The Decline

    SEKJPY Breaks below September 2019 to Resume The Decline


    Back in October 2019, we mentioned that SEKJPY had reached extreme area down from September 2017 peak and should bounce soon in 3 or 7 swings which should fail for more downside. In this article, we will look at the price action which followed since then and what is expected next in the pair. First […]

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  • CADJPY May See More Downside After BOC Cut Rates

    CADJPY May See More Downside After BOC Cut Rates


    On Friday, Bank of Canada (BOC) made another rate cut for the third time this month. The central bank lowered the interest rate by 50 basis points to 0.25%. This unscheduled rate cut is intended to provide support to the financial system and the economy during the COVID-19 pandemic. Prior to the cut, Canada has […]

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