My recent medium-term update on the NZDUSD has evoked some interesting discussion (see comments section for that post). This is a follow-up post, and should serve to answer some of those questions. First of all, I would like readers to understand that my approach to the financial markets differs from many of the other practicioners…
Continue reading →The chart for New Zealand Dollar offers some interesting patterns from an Elliott Wave perspective. (Many readers would remember that it has been possible to anticipate some significant moves in the Kiwi using Elliott Wave Analysis). The attached chart shows that we could be unfolding in a double zigzag, with a long-term target of around…
Continue reading →Considering my Elliott Wave update for New Zealand Dollar posted on 4 December 2011 was quite long, I will keep this very brief. Thank you Paul, and RKG for keeping a watchful eye on the Kiwi. For those who wish to learn something from this post, I suggest a revisit to the old post and…
Continue reading →Those of who who read my book “Five Waves to Financial Freedom” would have seen that I used the New Zealand Dollar in quite a few examples. ( I have no special love for any currency, by the way. It just happened that when I wrote the book during August 2011, this currency showed many…
Continue reading →Elliott Wave Analysis can become addictive to many a trader who discovers its potential. The harmony between the several waves in a pattern can be seen in almost every chart presented in Wave Times. In my book “Five Waves to Financial Freedom” I have used the Elliott Wave Analysis of New Zealand Dollar or NZDUSD…
Continue reading →It’s been a long easy (!) road for the New Zealand Dollar, the currency that Forex traders know more affectionately as the Kiwi. But it is increasingly looking like the honeymoon is over. Take a look at the attached chart of the NZD that gives you an Elliott Wave Analysis of the currency. The New…
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