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…

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…

EURGBP Surges as Brexit Talks Stall The British pound slipped into troubled waters after Brexit became the flashpoint once again. Boris Johnson's Internal Market Bill, which could override the withdrawal agreement in regards to…

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 NZDUSD pair hints to a bullish triple zigzag. The structure consists of five sub-waves Ⓦ-Ⓧ-Ⓨ-Ⓧ-Ⓩ of a primary degree. The first three parts are completed with the market moving to a bearish intervening wave Ⓧ. A standard zigzag…

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…

The current NZDUSD formation hints to a bullish zigzag consisting of waves Ⓐ-Ⓑ-Ⓒ. The primary-degree structure suggests that waves Ⓐ and Ⓑ are complete. On the other hand, the impulse wave Ⓒ is still under development. It has completed…

NZDUSD has been shedding some of its recent gains over the last couple of weeks as risk sentiment has cooled off. This mostly has to do with external factors. While news from New Zealand has been positive on the COVID front, the rise in…

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…