Elliott Wave View in GBPAUD suggests the decline from 5.4.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure. Down from 5.4.2020 high, wave 1 ended at 1.8943 and bounce in wave 2 ended at...
On May 25 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPNZD will be watching for selling opportunities”. GBPNZD has been trending lower since April 2020 so the clear path will be to trade with the trend and not...
In this blog, we are going to take a look at the Elliott Wave chart of EURCAD. The 4 hour chart update from May 29 shows that the pair has continued to extend lower from March 19...
GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down...
$EURGBP FX Pair Elliott Wave and Longer Term Cycles Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being derived from the German Deutsche Mark up...
EURGBP Technical Analysis On May 5/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “$EURGBP will be watching for possible buying opportunities.” EURGBP 1 Hour Chart May 8.2020 : The charts below was also posted on social media (StockTwits/Twitter) @AidanFX...
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...
The decline in Pound Sterling from 4.15.2020 high is unfolding as a 5 waves impulsive Elliott Wave structure, Down from 4.15,2020 high, wave 1 ended at 1.2245 and bounce in wave 2 ended at 1.2643. Wave 3...
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...
USDCAD Technical Analysis On April 27/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “USDCAD Still possible the pair can extend lower below 1.4000. Possible momentum breakout lower at 1.4038” USDCAD 1 Hour Chart April 27.2020 : The chart below...
