Elliott Wave View: EURJPY Can See More Downside

by elliottwave-forecast.com | June 18, 2020 3:33 pm
Elliott Wave View in EURJPY suggests the decline from 6.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure.  Down from 6.1.2020 high, wave 1 ended at 120.23 as an impulse. Afterwards, the bounce in...

Divergence Trading Patterns

by elliottwave-forecast.com | May 18, 2020 3:23 pm
Divergence trading patterns can signal traders of possible trade setups. There are 2 types of divergence patterns, regular divergence and hidden divergence. Both patterns can signal a trader on which side to trade the market. A divergence pattern...

EURJPY Forecasting The Path Lower

by elliottwave-forecast.com | May 8, 2020 3:55 pm
In this blog, we are going to take a look at the Elliott Wave chart of EURJPY.  The chart from 4 May London update shows that the pair ended the cycle from 29 April low at 117.78...

EURJPY : Market Patterns Calling the Move Lower

by elliottwave-forecast.com | April 20, 2020 4:32 pm
EURJPY Technical Analysis  On April 14/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  the SELL trade setup “Sell EURJPY @ 117.67 Stop Loss @ 117.93 Target @ 117.15” EURJPY 1 Hour Chart April 14.2020 : The chart below was...

EURJPY: Rejection in Blue Box Starts Next Leg Lower

by elliottwave-forecast.com | April 20, 2020 4:23 pm
EURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase the likelihood of a break lower. Moreover,...

EURJPY : Trading a Triangle Breakout Pattern

by elliottwave-forecast.com | April 13, 2020 3:03 pm
EURJPY Technical Analysis  On March 30/2020 I posted on social media (Stocktwits/Twitter) @AidanFX  “Will be watching for possible selling opportunities $EURJPY” EURJPY 1 Hour Chart March 30.2020 : The chart below was also posted on social media (StockTwits/Twitter)...

Elliott Wave View: EURJPY Has Resumed Lower

by elliottwave-forecast.com | April 3, 2020 3:41 pm
Short term Elliott Wave view in EURJPY suggests the decline from January 14, 2020 high is unfolding as a 5 waves impulse structure. Down from Jan 14 high, wave (1) ended at 116.13 and wave (2) bounce...

EURJPY Incomplete Bearish Sequences Calling The Decline

by elliottwave-forecast.com | March 10, 2020 4:21 pm
In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As our members know, recently we were calling the decline in EUJPY...

EURJPY Forecasting The Rally From The Blue Box Area

by elliottwave-forecast.com | December 31, 2019 4:56 pm
In this blog, we’re going to take a quick look at the Elliott Wave charts of EURJPY pair.  EURJPY ended short term cycle in wave ((iii)) as 5 waves rally from 11.14.2019 low at 117.05 to 12.13.2019...

EURJPY : Trend Continuation Market Pattern Forming?

by elliottwave-forecast.com | May 27, 2019 8:31 pm
EURJPY Technical Analysis May 17/2019 EURJPY can be possibly forming a bearish Gartley pattern. A Gartley pattern is a continuation of trend market pattern. This market pattern must form within a trending cycle and should never be...