Tag: CURRENCIES

On July 2nd we published “USDRUB ready to resume the uptrend”, saying that “having the wave structure and the Fibonacci level in mind, we...

“There is still some room for NZDUSD to reach 0.8850 – 0.8900, but if this happens, it should not be taken as a bullish...

If you have been studying the Elliott Wave Principle, you probably know that once you have a complete five-wave sequence, you should expect a...

USD JPY has been extending its correction a few times during the last six months. Nevertheless, it was unable to reach 104.95 so far,...

In our previous analysis of EURUSD we said that the pair could revisit 1.35. We still think so, but it looks like there would...

It was 3rd July 2014, when we said that AUDUSD begins a corrective decline. Things have been going according to plan so far, with...

The area around 101.00 proved to be a very strong support level for USD JPY, since the pair jumped up from it three times...

The 15-minute chart of EUR GBP shows a clear 5-3 Elliott Wave cycle. According to the theory, we should now expect another five-wave decline...

It has been a long way down for EUR USD since the last major top, which occurred near 1.40.  Currently around 1.3350, the time...

GBPCHF has been in a strong uptrend for a long time now, but recently fell down from 1.5430 to 1.5209. Should you buy the...

On May 17th we published a long-term forecast called “GBPUSD, not as optimistic as it seems“. In that material we assumed that GBPUSD is...

On July 23rd we showed you a forecast of GBP JPY, saying that there should be one more wave left to the south before...

On July 24th, we showed you a forecast of the AUD USD currency pair, saying that “we expect another sell-off in AUD USD soon....

On July 14th we published an intraday analysis of GBPUSD, titled “GBPUSD with one last move to the north”. In that piece of material...

What every Elliott Wave analyst wants to see is a five-wave sequence, followed by a three-wave decline. In other words, the common 5-3 Elliott Wave...

On the hourly chart of AUDUSD we can see the typical 5-3 Elliott Wave cycle. The interesting thing is in the shape of wave...

On the 1-hour chart of GBPJPY we can see a very clear double zig-zag pattern labeled W-X-Y, with its wave Y still unfolding. It...

“On the 15-minute chart of USDJPY there is a perfect impulse to the south, which means that the corresponding three-wave retracement should be in progress...

Every Elliottician is more than happy, when he spots five waves in one direction, followed by three waves in the opposite. Especially if it...

“If this is the correct count, target around 1.3520 should not be a problem. The invalidation of this intraday scenario is at 1.3650.” This...

On the 15-minute chart of USDJPY there is a perfect impulse to the south, which means that the corresponding three-wave retracement should be in progress...

On the 30-minute chart of GBPUSD, there is something, which looks much like a triangle. Triangles are corrective patterns, that only occur before the...

In our last article about USDJPY we were expecting a significant decline from the highs of 103. If you have been following this pair,...

A week ago we published an article in our intraday section called “EURUSD confirms bearish reversal”. With a completed five-wave impulse down, we were expecting...

Two days ago, on July 8th, we published an article called “GBPJPY intraday signs of weakness”. Having a clear five-wave impulse to the south, we...

On the 30-minute chart of GBPJPY we can see one of the clearest impulses. Five waves to the south mean that we should now...

In our previous analysis of EURUSD we showed you the following chart, stating that the stage is set for another decline. It seems that...

On the 4-hour chart of AUDUSD there is a clear five-wave impulse to the upside. Starting from the 0.8650s, it seems that the rally is temporary...

In the middle of March 2014 USDRUB reached 36.716, but has been declining ever since, falling to as low as 33.540. We will use...

On June 5th we showed you an analysis of EURUSD suggesting that we have a complete impulse to the south and therefore we should prepare...