The Forex category offers comprehensive market analysis, trading strategies, and up-to-date news for major currency pairs such as GBPUSD, AUDUSD, EURUSD, USDJPY, and USDCAD. This category provides insights into fundamental and technical factors driving the forex markets, helping traders make informed currency trading decisions.
GBPUSD Elliott Wave Analysis continues to favour a bullish higher‑timeframe roadmap, with price currently working through what looks like a higher‑degree Wave 2 correction after the impulsive advance from the 1.21 area into the 1.37s. The decline from the Wave 1 high into 1.3145 forms the first leg of the correction (w), followed by an … Read more
EURUSD Elliott Wave Analysis continues to favor a bullish higher timeframe bias while the Wave 4 contracting triangle structure holds above the base channel. Price action has likely completed wave d of the triangle, and the current focus is on wave e developing lower into the key Fibonacci support cluster at the 0.382, 0.5, and … Read more
USD/JPY: Multi-Timeframe Elliott Wave Setup – From 4H to Weekly This is a beautiful multi-timeframe structure. Let me walk you through the setup layer by layer. 4-Hour Chart: Wave ((C)) of D – UsdJpy Ending Diagonal The 4-hour shows the immediate action. We’re in the final wave of this corrective leg with an ending diagonal pattern (wave C … Read more
Primary Count: Wave (2) correction in progress, forming a classic “Flat” correction pattern. Currently consolidating in the 200.806–201.228 range. Wave Count Invalidation: @200.899 4HR Chart 15 Min Chart Primary Count: Wave (2) correction in progress, forming a classic “Flat” correction pattern. Currently consolidating in the 200.806–201.228 range. Want Next Week’s Elliott Setups First? Subscribe below … Read more
GBPJPY Elliott Wave analysis has presented a compelling Elliott Wave setup, and our recent analysis predicted a converging triangle pattern that would lead to a significant drop. This post documents our forecast, the price action that followed, and the key lessons for traders using Elliott Wave methodology. Recent Twitter Posts on GBPJPY These charts reveal … Read more
