NZDUSD Elliott Wave View: Showing impulse

by elliottwave-forecast.com | June 6, 2017 11:20 am
Short term Elliott wave view in NZDUSD suggest that the cycle from 5/11 low (0.6816) is unfolding as an impulsive Elliott wave structure . This 5 wave move could be a wave C of a FLAT correction or wave A of an Elliott wave zigzag structure structure. In either...

AUDNZD Possible Bounce Higher?

by elliottwave-forecast.com | May 31, 2017 10:42 am
AUDNZD since March 13/2017 has been moving lower. There are possible bullish patterns that can push the pair higher but traders need to see AUDNZD price action slow down and show possible signs that it wants to...

NZDUSD Shallow Channel (May 16, 2017)

by Kate Curtis | May 16, 2017 2:12 am
NZDUSD has been gaining ground recently but could be due to resume its drop as it approaches the channel resistance. Price has been trading inside a shallow descending channel with the top around the .6930 level. If...

NZDUSD Long-Term Breakdown? (May 11, 2017)

by Kate Curtis | May 11, 2017 6:10 am
NZDUSD has been trading inside what appears to be a falling wedge pattern on its daily chart. Price is currently testing support and seems to be pushing for a break lower, indicating that a steeper selloff is...

NZDUSD Potential Breakout (May 10, 2017)

by Kate Curtis | May 10, 2017 5:29 am
NZDUSD has formed lower highs and higher lows on its 1-hour chart, creating a symmetrical triangle pattern. Price just bounced off support and could be due for a move back to resistance. The 100 SMA is below...

NZDUSD Double Bottom (May 09, 2017)

by Kate Curtis | May 9, 2017 5:29 am
NZDUSD could be in for a reversal from its selloff as the pair formed a double bottom pattern on its 1-hour chart. Price still has to test and breakout from the neckline at the .6960 level before...

NZDUSD Elliott Wave View: Extended Correction

by elliottwave-forecast.com | May 8, 2017 9:15 am
Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a leading diagonal Elliott Wave structure where Minute wave ((i)) ended at 0.6905, Minute wave ((ii)) ended at 0.7053, Minute wave ((iii)) ended at...

NZDUSD Elliott Wave View: Downside Resumes

by elliottwave-forecast.com | May 5, 2017 7:18 am
Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a triple three Elliott Wave structure where Minute wave ((w)) ended at 0.6905, Minute wave ((x)) ended at 0.7053, Minute wave ((y)) ended at 0.6844 and...

NZDUSD Elliott Wave View: Correction Ended

by elliottwave-forecast.com | May 4, 2017 11:48 am
Revised Elliott Wave view in NZDUSD suggests the decline from 3/21 high (0.709) is unfolding as a triple three Elliott Wave structure where Minute wave ((w)) ended at 0.6905, Minute wave ((x)) ended at 0.7053, Minute wave ((y)) ended...

NZDUSD Elliott Wave View: Correction in progress

by elliottwave-forecast.com | May 3, 2017 11:23 am
Short term Elliott Wave view in NZDUSD suggests the decline to 0.6844 low ended cycle from 3/21 high in Minor wave W. Pair is currently correcting cycle from 3/21 high in 7 or 11 swing in Minor wave X before the...