Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD
EURUSD
Has pulled back in the fourth wave higher as the third wave downside finishes. If the pair is below 1.0500, look for the lower extension in the fifth wave close to parity 1.0000 after this pullback and rejection from 1.03500. Below 1.01000 should accelerate lower. We are seeing a pullback that could invalidate the extension lower to 0.8800 and mark 0.9900 as the final 5th wave point.
USDJPY
The pair has completely invalidated the downside count by breaking above 118…
This article is so good, it's for premium members only.
Does that sound like you?
Go Premium to read full trading strategy with parameters of entry, stop loss, and exit. Why Premium?
Already a member?
LEARN ELLIOTT WAVE ANALYSIS IN COMBINATION WITH PRICE ACTION!