EURNZD Bullish from Blue Box Area, Upside Target is Close
EURNZD has maintained a bullish corrective cycle since the lows of April 2015. The structure evolving is a double zigzag pattern for wave ((IV)) of the supercycle degree of the all-time bearish cycle. Meanwhile, it should be noted that this wave ((IV)) has not yet reached the target. Often times, corrective structures reach the extreme we expect unless price dictates otherwise. So far nothing of such information from the price. Thus, we continue to look forward to a higher prices until wave ((IV)) ends at the extreme area. Meanwhile, while it’s in progress, we explained to members why they should buy pullback in 3, 7 or 11 swing setup from the blue box. Thus, Group 2 members understand how to go about the trade. Good for us, a pullback emerged from the peak of April 2025. We were patient to see the pullback emerged into a clear 3-swing structure.
Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.
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