Kiwi can be ending a five-wave cycle within an ending diagonal here, which means that NZDUSD is bullish now, but be aware of a deeper three-wave a-b-c decline before ... Read More
USDMXN is trapped in a consolidation for the last 4 weeks that looks like a triangle in fourth wave. It’s an A-B-C-D-E path with sub-wave E around the ... Read More
Aussie can be trading in a three-wave recovery from the lows, with current rally from the 0.719 level representing sub-wave 1 as part of a bigger leg C). Leg ... Read More
We are looking at USD Index, EURUSD and USDJPY and what we see is a quite big retracement, but we may still see a reversal, which means that USD ... Read More
Overall euro is trying to recover, so we are observing some of bullish developments against weak currencies like pound. There was a nice pop-up in price in the last ... Read More
EURJPY is turning down from 129.22 level, but in overlapping fashion which gives us thinking that maybe wave 1 is unfolding an Elliott wave leading diagonal which ... Read More
EURAUD is falling strongly from 1.636 high, suggesting that a bigger bullish cycle found a top, and that a new minimum three-wave reversal to the downside is in play. ... Read More
USDCAD made a nice drop down from 1.2996 level, where corrective wave iv as part of an ending diagonal had ended. Current weakness we now see as sub-wave v ... Read More
USDCAD is making an aggressive turn from 1.2800 area, now already back above 1.2900 so we are considering that bottom can already be in place. We see wave 1) ... Read More
USDCAD is currently reversing down from 1.3090 level which looks to be wave b of a three-wave correction from the lows. That said, current drop may look for support ... Read More
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