Two weeks’ back-to-back good news on virus vaccine from Pfizer and Moderna have buoyed risk sentiment. Overnight news reports Moderna’s COVID-19 vaccine has even a better 94.5% efficacy rate and longer shelf life compared to the Pfizer’s....
NZDUSD Technical Analysis September 9/2020 NZDUSD remains bullish as long as the August 20/2020 0.6488 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine possible trade entries. In the...
NZDUSD Technical Analysis August 8/2020 NZDUSD remains bullish as long as the June 22/2020 0.6378 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine where price can possibly reverse...
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 – 98.59 area which is the 100% – 123.6% Fibonacci extension...
NZDUSD short term Elliott Wave view suggests the decline from 12.31.2019 is unfolding as a zigzag Elliott Wave structure. Down from 12.31.2019 high (0.6755), wave 1 ended at 0.6717, and wave 2 bounce ended at 0.6739. Pair...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDUSD pair published in members area of the Elliottwave-Forecast.com . As our members know, cycle from the 10/01 low is...
NZDUSD Technical Analysis January 29/2019 NZDUSD remains bullish as long as the January 22/2019 low remains untouched. If you read the article, NZDUSD : Possible Bullish Patterns, published on December 19/2018 you will already know that we...
NZDUSD remains bullish as long as the October 8/2018 low remains untouched. On the Daily chart there are clear visible bullish patterns that can be seen. In the chart below, market patterns are used to determine where...
NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended Minor wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave ((i)), ((iii)) & ((v)) unfolded in 5 waves structure. Above from...
NZDUSD short-term Elliott Wave view suggests that the bounce to 0.7060 high ended intermediate wave (4). Down from there, the decline is unfolding as Impulse Elliott Wave structure where sub-division of Minute wave ((i)), ((iii)) & ((v)) are unfolding in...
