In this blog, we are going to take a quick look at the Elliottwave chart of NZDJPY.  The chart from 1.22.2020 New York update showed that NZDJPY ended wave 4 at 71.234 low.  The pair then extended higher in wave ((i)) of 5.  Wave ((i)) ended at 73.343 high. From there the pair is proposed […]

EURUSD decline from Jan 6 high remains in progress as a double three Elliott Wave structure and pair can see further downside while below Jan 16 high.

NZDUSD correction remains in progress as a zigzag as far as rally fails below Jan 16 high. This article and video looks at the short term Elliott Wave path.

Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as Germany, Ireland, Italy, Japan, Malaysia, Singapore, South Korea and Vietnam. This is not the first time Switzerland has been added to the watch list. In […]

Back in October 2019 we highlighted in this article that Yen crosses like NZDJPY and SEKJPY had reached the extreme areas down from their respective 2017 peaks and a bounce was due to take place very soon. Shortly after we published the article, we saw a strong reaction higher in the Yen pairs and we believe […]

Elliott Wave view on Bitcoin (BTCUSD) suggests the rally from December 18, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 1 hour chart below, we can see wave ((iii)) of the impulse ended at 8463.57. Pullback in wave ((iv)) ended at 7667 as a double zigzag Elliott Wave structure. Bitcoin […]