• 14 hours Immigration Will Go Bust Without $1.2B Bailout
  • 21 hours The Economics Of The Space Race
  • 2 days Why The World's Central Banks Aren't Yet Sold On Renewables
  • 3 days How Much More Cash Can Uber Burn?
  • 3 days Inside The Biggest Counterfeit Gold Scandal In Recent History
  • 3 days EU-U.S. Trade Relations Are Deteriorating
  • 4 days Over 184 Companies Have Bailed On Facebook
  • 4 days BP Sells Petrochemical Business For $5 Billion
  • 4 days U.S. Moves To Secure Domestic Rare Earth Supply
  • 5 days E-Commerce Explodes As Boomers Go Digital
  • 5 days Major U.S. Cities Are Turning To Renewables
  • 6 days Economic Reopening Backfires, COVID Surge Snaps Recovery
  • 6 days How Are Low Car Sales Impacting The Metals Market?
  • 7 days Are Gold Stocks Still Undervalued?
  • 7 days Singapore's $3 Billion Oil Trading Scandal
  • 8 days Luxury Clothing Isn’t A Priority As Americans Grapple With COVID-19
  • 8 days Natural Gas Demand Hits 25-Year Low
  • 9 days Gold Inches Towards $1,800 As Investors Pile Into ETFs
  • 9 days The War On Gold Has Begun
  • 10 days Immigration Attack Will Ruin America’s Tech Dominance
How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

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