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 .  As our members know, cycle from the 10/01 low is unfolding as 5 waves structure. Recently we got 3 waves pull back against the 0.6316 low. The pair […]

EURUSD rally from October 01, 2019 low is showing an incomplete structure, favoring more upside. This article looks at the Elliottwave path.

GBPUSD decline from Dec 13, 2019 high is unfolding as Elliott Wave impulse structure and while bounce stays below there, pair can see more downside.

In this blog, we will take a look at the recent price action of USDSEK since we published the short-term view for this pair in Chart of the day on 12.6.2019  Pair was showing an incomplete sequence down from 10.9.2019 (9.964) peak against 11.13.2019 (9.765) and was calling for more downside toward 9.3527 – 9.2549 […]

Last week, US Dollar fell across the board after the Fed signaled it will leave policy unchanged for an extended period of time until 2021. The Fed maintained the interest rate unchanged at 1.5 – 1.75%. They also kept the forecast of inflation and GDP unchanged. The central bank’s median rate is forecast to hold […]

In this blog, we are going to look at the recent developments in CHFJPY forex pair. CHFJPY rally from 10.4.2019 (106.72) to 10.21.2019 (110.39) was in 3 waves and unfolded as a zigzag Elliott wave structure. Then pair pulled back to correct the cycle from 10.4.2019 low, it did 3 waves back to 109.11 but […]