The short-term Elliott Wave view on AUDUSD suggests that the cycle from the 8.11.2022 high is in progress as a 5 waves impulse structure. Down from the 8.11.2022 high, wave 1 ended at 0.6699, and the rally in wave 2 ended at 0.6916. Wave 3 took the form of a correct to a lesser degree. …
Elliott Wave View: AUDUSD any Rally it can Fail for More Downside Read More »
CADJPY shows a bullish sequence from the August 02 2022 low suggesting further upside is likely. The Rally from the August 02 low is unfolding as an impulse Elliott Wave structure. high from August 02 down, wave 1 ended at 105.100, and the decline in wave 2 ended at 102.600 as the 1-hour chart below …
Elliott Wave View: CADJPY Should Continue to Extend Higher Read More »
In this technical blog, we’re going to take a quick look at the Elliott Wave charts of EURJPY published in the member’s area of the website. As our members knew, we’ve been favoring the long side in EURJPY. Euro Yen shows an incomplete bullish sequence from 07 March 2022 low favoring the further upside. The short-term …
