• 1,188 days Will The ECB Continue To Hike Rates?
  • 1,188 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,190 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,590 days Could Crypto Overtake Traditional Investment?
  • 1,594 days Americans Still Quitting Jobs At Record Pace
  • 1,596 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,599 days Is The Dollar Too Strong?
  • 1,600 days Big Tech Disappoints Investors on Earnings Calls
  • 1,601 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,602 days China Is Quietly Trying To Distance Itself From Russia
  • 1,603 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,607 days Crypto Investors Won Big In 2021
  • 1,607 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,608 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,610 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,610 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,614 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,614 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,614 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,617 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Elliott Wave Analysis On GBPUSD And NZDUSD

GBPUSD

GBPUSD is making pullback, which can still be a corrective move within ongoing uptrend. An updated wave count shows that current pullback can be wave B which may look for a support around 1.4260, from where new rise may happen up to 1.4400 as wave C of a second zigzag.

GBPUSD, 30Min

GBPUSD 30-Minute Chart


NZDUSD

NZDUSD is bullish for wave C) up to around 0.6600 level as recent pullback from 0.6558 to 0.6424 unfolded in three waves which represents a corrective move. We think it was wave B) as part of ongoing corrective rally from 0.6347.

NZDUSD, 1H

NZDUSD 1-Hour Chart

 


If you like our analysis please vote for us "Best Analysis", Answer "Elliott Wave Corner" by EW-Forecast
Vote Here: http://goo.gl/Y60CN8

 

Back to homepage

Leave a comment

Leave a comment