Elliott Wave Analysis: USDJPY Looking for Further Strength

This article uses Elliott Wave Theory technique to forecast the near term path of USDJPY. Once pair ends correction, it likely see further strength.

Continue Reading…

EURJPY Elliott Wave View: Ended 5 Waves Advance

EURJPY short-term Elliott wave view suggests that the decline to 124.87 low ended intermediate wave (2) pullback of a leading diagonal structure from 5/29/2018 cycle. Above from there,

Elliott Wave Analysis: USDJPY Extending Higher As Impulse

USDJPY short-term Elliott Wave view suggests that the rally to 111.13 high ended Minute wave ((i)). Down from there, the pullback to 110.24 low ended Minute wave ((ii)).

Nikkei How Far Elliott Wave Correction Can Take Place?

Nikkei short-term Elliott Wave view suggests that the index is correcting the cycle from 3/23/2018 low (20190) in 3, 7 or 11 swings. Rally to 23005 high ended

USDJPY Support Around The Corner?

USDJPY short-term Elliott wave view suggests that the rally to 110.91 high ended Minor wave 1 & also the cycle from 5/29 low. The internals of that rally

USDJPY Elliott Wave view: Calling For Bounces To Fail Ahead of NFP?

USDJPY Short-term Elliott Wave view suggests that the rally to 111.40 on May 21 ended intermediate wave (A) as a Diagonal structure coming from March 26 low (104.52)

Nikkei Elliott Wave Analysis: Pullback Remains In Progress

Nikkei short-term Elliott wave view suggests that the rally to 23060 on May 20 high ended Intermediate wave (1) as an impulse. Down from there, the index is

Elliott Wave Analysis: EURJPY Has a Bearish Sequence

EURJPY short-term Elliott Wave view suggests that the bounce to 5/14 high at 131.38 ended Minor wave B. Down from there, the decline is unfolding as Elliott wave

NZDJPY Elliott Wave View: Impulse Sequence In Progress

NZDJPY Elliott Wave view in short-term cycles suggests that the bounce to 79.62 high ended Intermediate wave (X). Down from there, Intermediate wave (Y) remains in progress as

Elliott Wave Analysis: Further Strength in USDJPY

USDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a