Archives for NZD/USD

NZDUSD Elliott Wave Analysis ( 03-07-20 )

   NZDUSD Elliott Wave Analysis  Forex Pair : NZD/USD   Date : 3rd July 2020   Time Frame : 4 Hr    A-Leg In The Larger Degree  Let’s recap our NZDUSD Elliott Wave analysis when it began the reversal move.   The rally on the Kiwi started on the 19th of March 2020.   Similar to the Aussie, the Kiwi is also considered a “Commodity” currency.   Hence, its movement can sometimes be quite similar to its neighbor currency.   The first A-leg in the larger degree seems to have made a 5 wave “Leading Diagonal” with an internal 3-3-3-3-3 structure.   Let’s break it down with more details.   Wave [1] in black began the move topside with a (w)-(x)-(y)
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