USDJPY Elliott wave View: More downside

by elliottwave-forecast.com | March 24, 2017 8:00 am
We are taking the more aggressive view in USDJPY and calling the rally to 115.48 on 3/10 as Intermediate wave (B). Decline from there is unfolding as a 5 waves impulse Elliott wave structure with an extension in wave 3....

AUDUSD Elliott Wave View: Pullback in progress

by elliottwave-forecast.com | March 24, 2017 7:46 am
AUDUSD is showing 5 swings sequence from 12/23/2017 low after it managed to break above 02/23 peak so the sequence is bullish against Intermediate wave (X) low (0.7487). The pair did 5 waves impulsive move from 03/09 low  in Minute wave ((a)) which...

USDJPY Elliott wave View: Mature cycle

by elliottwave-forecast.com | March 23, 2017 8:50 am
Short term Elliott Wave view in USDJPY suggests that rally to 115.48 on 3/10 ended Intermediate wave (X). Decline from there is unfolding as a zigzag Elliott wave structure in which the first leg Minor wave A is subdivided in 5 impulsive waves....

USDJPY Elliott wave View: Near bounce

by elliottwave-forecast.com | March 22, 2017 10:35 am
Short term Elliott Wave view in USDJPY suggests that rally to 115.48 on 3/10 ended Intermediate wave (X). Decline from there is unfolding as a zigzag Elliott wave structure in which the first leg Minor wave A is subdivided...

USDJPY Elliott Wave View: Ending impulse

by elliottwave-forecast.com | March 21, 2017 10:33 am
Short term Elliott Wave view in USDJPY suggests that rally to 115.48 on 3/10 ended Intermediate wave (X). Decline from there is unfolding as a zigzag Elliott wave structure in which the first leg wave A is subdivided in...

AUDUSD Elliott Wave View : 5 waves move

by elliottwave-forecast.com | March 20, 2017 2:43 pm
AUDUSD ended the correction in Intermediate wave (X) after reaching 0.7486 and then started rallying from there. With today’s new high the pair is showing 5 waves impulsive move from 03/09/2017 low and has already reached the minimum target area...

EURJPY Elliott Wave View: Correction in progress

by elliottwave-forecast.com | March 17, 2017 10:26 am
Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally from Primary wave ((4)) low at 118.18 is unfolding...

EURJPY Elliott Wave View: Pullback ended

by elliottwave-forecast.com | March 16, 2017 2:14 pm
Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally from Primary wave ((4)) low at 118.18 is unfolding as...

EURJPY Elliott Wave View: Pullback in progress

by elliottwave-forecast.com | March 15, 2017 10:42 am
Short term Elliott Wave view in EURJPY suggests that the pair has ended the cycle from 2/24 low (118.18) and the instrument is pulling back to correct that cycle before turning higher again. Primary wave ((5)) is currently in...

GBP USD Elliott Wave View: Bounce Started

by elliottwave-forecast.com | March 14, 2017 2:25 am
Last week , GBP USD ended the cycle from 02/02/2017 peak which unfolded as a double three Elliott wave structure with a FLAT in the Y leg. Pair slightly exceeded 123.6 Fibonacci extension (1.2145) of the first 3...