EURJPY has broken below the long-term uptrend Pitchfork channel   On the monthly EURJPY chart, we can see that the pair has broken below the uptrend long-term Andrew’s Pitchfork channel and is now retesting the broken channel line 125.60 where we are seeing the rejection. We saw a perfect bounce

Elliott Wave technical analysis with trading signals for NZDUSD, AUDUSD, USDJPY, DXY, EURUSD   USDJPY USDJPY expanding flat within larger ABC flat is still running and it seems to be in a 2nd wave of the impulsive wave higher. This is indicating a 103 as the key support for the

USDSEK testing the strong long-term support   USDSEK probably the best proxy out there for the USD strength or a weakness is testing the long-term support confluence channel support and horizontal 8.6000. We are within a long-term uptrend channel with well-defined breakout levels. For the clear downside reversal continuation from

GBPAUD is retesting the broken long-term Pitchfork falling channel   On the monthly GBPAUD chart, we can see that the pair has broken above the falling long-term downtrend Andrew’s Pitchfork channel and is now retesting the broken channel line. We saw a perfect bounce off 1.7640 for the upside breakout

AUDUSD new wave down is coming?   AUDUSD is a trading school example of the trend trading (long-term downtrend) but also with painful multi-month consolidations which are testing the nerves of traders, building their patience, and influencing the styles for trading from range trading to trend trading. On a monthly