NZDUSD

NZDUSD scaled up to a 33-month high during the first session of 2021, just shy of the 73.50c. The upside move in impulse wave 5 of (C) is seen as part of a triple zigzag correction. The last correction in wave Ⓩ suggests a target at the…

The current NZDUSD structure shows the formation of the final leg of the primary triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ. Wave Ⓩ consists of intermediate sub-waves (A)-(B)-(C) and is a simple zigzag. The first two parts of the zigzag are fully…

The current NZDUSD structure indicates a primary triple Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ zigzag. Sub-waves ① and ② of the primary degree have ended. Wave ① is a 5-wave impulse, with wave ② being an intermediate (A)-(B)-(C) zigzag. In the medium term, we…

NZDUSD hints to a bullish triple zigzag Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ in the final primary wave Ⓩ. Wave Ⓩ is a simple zigzag consisting of intermediate sub-waves (A)-(B)-(C). Wave (A) is an impulse, whereas wave (B) is a bearish zigzag. In the short…

The NZDUSD structure hints to a simple Ⓐ-Ⓑ-Ⓒ zigzag. Waves Ⓐ-Ⓑ are complete whereas wave Ⓒ is still ongoing. It consists of intermediate sub-waves (1)-(2)-(3)-(4)-(5). Intermediate wave (4) completed already in a triple zigzag. Prices…

The current NZDUSD structure hints to a bullish zigzag consisting of primary waves Ⓐ-Ⓑ-Ⓒ. Primary impulse wave Ⓐ and corrective wave Ⓑ are complete. Wave Ⓑ ended with a double (W)-(X)-(Y). Wave Ⓒ has completed only 4 of the 5 waves of…

NZDUSD appears to be in a primary impulse wave Ⓒ. This is the final part of the bullish zigzag, consisting of five sub-waves of the intermediate (1)-(2)-(3)-(4)-(5) degree. The correction in wave (4) completed in a bearish double zigzag…

NZDUSD seems to be developing a bearish Ⓐ-Ⓑ-Ⓒ zigzag of the primary degree. Wave A formed a 5-wave impulse pattern, whereas wave Ⓑ seems incomplete. Its current structure suggests a standard zigzag consisting of intermediate sub-waves…