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

How Millennials Are Reshaping Real Estate

The real estate market is…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

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

$NZDUSD Elliott Wave Sequence is Looking For More Upside

Revised Elliott Wave view suggests that cycle from 8/8 low (0.7084) ended with wave ((w)) at 0.734 and pair is in wave ((x)) pullback to correct the rally from 0.7084. Wave ((x)) pullback is proposed to be unfolding as a triple three where wave (w) ended at 0.7261, wave (x) ended at 0.7309, wave (y) ended at 0.7224, second wave (x) ended at 0.7266, and wave (z) of ((x)) is expected to complete at 0.7169 – 0.7187 area. As far as wave X pivot at 0.7084 stays intact, expect pair to resume higher again or at least bounce in 3 waves. We don’t like selling the pair.

NZD/USD 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