• 325 days Could Crypto Overtake Traditional Investment?
  • 330 days Americans Still Quitting Jobs At Record Pace
  • 332 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 335 days Is The Dollar Too Strong?
  • 335 days Big Tech Disappoints Investors on Earnings Calls
  • 336 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 338 days China Is Quietly Trying To Distance Itself From Russia
  • 338 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 342 days Crypto Investors Won Big In 2021
  • 342 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 343 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 345 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 346 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 349 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 350 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 350 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 352 days Are NFTs About To Take Over Gaming?
  • 353 days Europe’s Economy Is On The Brink As Putin’s War Escalates
  • 356 days What’s Causing Inflation In The United States?
  • 357 days Intel Joins Russian Exodus as Chip Shortage Digs In
Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to…

Contact Author

  1. Home
  2. Markets
  3. Other

$GBPNZD Elliott Wave Structure is Looking for More Upside

Short term Elliott Wave structure suggests cycle from 7/9 low is unfolding as a double three where wave W ended at 1.884 and wave X ended at 1.839. Rally from 1.839 is in progress as a double three where wave ((w)) is expected to complete at 1.894 - 1.9026 area, then it should pullback in wave ((x)) before pair resumes higher again. As far as pivot at 1.839 stays intact during the wave ((x)) pullback, expect pair to resume higher.

GBP/NZD Short-Term Elliott Wave Analysis Chart
Larger Image

 


At EWF we offer 24 hour coverage of 50 instruments from Monday - Friday using Elliott Wave Theory as primary tools of analysis. We provide Elliott Wave chart in 4 different time frames, up to 4 times a day update in 1 hour chart, two live sessions by our expert analysts, 24 hour chat room moderated by our expert analysts, market overview, and much more! With our expert team at your side to provide you with all the timely and accurate analysis, you will never be left in the dark and you can concentrate more on the actual trading and making profits. Check out our 14 day Free Trial to sample everything EWF has to offer.

 

Back to homepage

Leave a comment

Leave a comment