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NZDUSD
NZDUSD Triple zigzag begins bearish trend
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 At Bullish Triple ZigZag Completion
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…
NZDUSD Hints To ZigZag Completion
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…
Zig-Zag To Complete Final Impulse Leg
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 Expected To End 5th Wave Soon
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: Impulsive Trend Could Weigh on Prices
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…
NZDUSD Hints at Upcoming Double ZigZag
The current NZDUSD structure suggests that the primary Ⓐ-Ⓑ-Ⓒ zigzag is under development.
The standard ‘three’ pattern has only its 5-wave impulse Ⓐ completed. Wave Ⓑ, which is a double (W)-(X)-(Y) zigzag, is currently under formation.…
NZDUSD Remains Trading Near the Big Figure
Biased to the upside, NZDUSD has just bounced off the lower end of the ascending channel starting Apr 03. With the RSI(9) supporting the move, the pair is heading towards the psychological 60c once again.
The round level is an…