NZD/USD has made the bearish Elliott wave on the hourly time frame. The formation of the Elliott wave is complete. Here we can see 5+3=8 wave Theory so cleanly. 1 to 5 waves and then ABC correction. It's a bearish Elliott wave pattern, and after the C, now the tren will fall up to 0.7120 - 0.7110 - 0.7085 . But what if it starts to rise? If the trend starts to...
Here's the 15m chart of the EUR/AUD. Currently, It's falling. And trying to hit the hurdle ( 1.5674 ). If the consecutive candles break 1.5674 , then there will be a fall. The targets for the fall will be 1.5670 - 1.5650 . But there is a high possibility of a reversal in the trend. The trend may take a reversal from between 1.5684 - 1.5670 . If it takes a...
Here's the AUD/USD 15m chart. It started to rise from the 19th of March,2020. The actual trend is positive. Right now, it's trying to hit 0.7732 , and for that, it has to cross 0.7728 . If AUD/USD keeps moving upward, then a target for the uptrend will be 0.7740 - 0.7749 . But there is an absolute possibility of the reversal from 0.7732 (nearby level). And...
The GBP/USD made the Elliott wave on a daily chart. And ABC correction is remaining. The trend will cross 1.3470 - 1.3320 - 1.3420 - 1.3195 to make the A of the ABC correction. Then it will rise for a short period to make B and fall again to make C.
NZD/USD made the bullish Elliott wave pattern. I have shown this on both the time frame hourly (Left) and 15m (Right). It started on the 21st of December 2020, and the 5th wave is remaining. It has to cross 0.7226 - 0.7236 -0.7260 , to make the fifth wave.
Here's the USD/CHF daily chart, and it has started the bearish Elliott wave pattern. It may hit the 0.8731 (to complete the 3rd wave), and then the trend will fly to hit the 4th wave. It will hit 0.8900 - 0.9000 to complete the 4th wave.
EUR/GBP has made the flag pattern on the 15m timeframe. To complete the flag pattern, the trend will hit 0.9056 - 0.9066 .
Here's the 1H chart of the NZD/USD. And it's moving downwards. Here, I have applied the indicators - Volume, Stoch RSI, and RSI. RSI and Stoch RSI both are showing a downtrend. It's falling in the uptrend. It will fall up to support. If the trend breaks the support, it will hit the hurdle( 0.7136 ). If it breaks the hurdle( 0.7136 ), then the target will be the...
Here's the daily chart of EUR/GBP. In the triangle, the trend is in the making process of the fifth wave. It has to cross to complete the fifth wave. And the trend has to cross 0.8953 - 0.8930 to complete the 5th wave of the triangle.
The Gold spot has started to fall from the 6th of August 2020 and still falling. But it's moving downside with fluctuation in trend. It started to rise for a short period from the 30th of November 2020. And now, the trend will fall up to hurdle by crossing 1876 - 1872 . After the breakout of the hurdle( 1872 ), the trend will hit 1866 - 1860 . But if the trend...
If you see AUD/USD on the daily timeframe, it's an uptrend. Here is the 15m chart of the AUD/USD, and it's moving upside with the fluctuations in the trend. It will fall to the following levels 0.7640 - 07630 - 0.7625 , and then it will take a reversal from the support. And after that, it will rise to the support level, and the targets are following 0.7635 -...
The EUR/GBP has made the Elliott wave on the 15m time frame. The 5th wave and ABC Correction is remaining. The trend has to hit 0.9091 - 0.9110 - 0.9130 , to complete the 5th wave. And then it will start to make ABC correction. But if it started to move downside, that means the failure of the Elliott wave pattern. And then the trend will hit 0.9056 - 0.9040 .
USD/JPY is moving downwards. It started to fall from 20th February of 2020. And it's still falling. It has made the symmetrical triangle here. It's making the 4th wave here, and it has to cross the following level 103.455 - 103.360 - 103.185 - 103.050 , to complete the 4th wave. But if the trend started to move upside, then there will be a failure of the...
Here's the daily chart of the USD/CHF. It started to make a bearish Elliott wave from the 23rd of April 2019. There is a symmetrical triangle in the 3rd wave. 4th, 5th and Corrective waves are remaining. 4th will be at 38.2%, 50% , or 61.8% . The trend is moving upside to make a perfect 4th wave. And for that, it has to hit the following targets 0.8990 -...
Currently, AUD/USD is moving upward. It started to rise from the 19th of March 2020 and still moving upside. Right now, It's moving a little downside, and then it will again start to rise. The trend will rise to the following targets 0.7621 - 0.7635 - 0.7641 - 0.7700 - 0.7800 . But what if it breaks the support and fall? If it starts to fall by breaking the...
GBP/USD has made the triangle shape here. And rightnow, it's trying to move upside to hit the 1.3624 . If it continues to move upside after crossing the level of 1.3624 , then the further target will be the following 0.3660 . But if it takes reversal, then the following levels 0.3546 - 0.3530 will be hit by the GBP/USD.
Here's the USD/CHF 15m Chart, and we can see here the possibility of the Head and Shoulders. The last shoulder in the making process. The trend has to cross the following levels ( 0.8886 - 0.8896 - 0.8900 )to make the shoulder, and it will go up to around 0.8906 . After that, it will start to fall and touch the neckline ( 0.8871 ), and then after crossing the...
USD/JPY is making a symmetrical triangle and trying to reach the upper line of the triangle. The trend will hit an upper trendline of the triangle by crossing the following level 103.507 - 103.566 - 103.585 . After that, there will be a reversal, and the target will be 103.500 - 103.400 - 103.300 - 103.100 . But if it does not stop to move upwards. And...