Elliott Wave Video Market UpdateDec 19, 2023

Before you read the article below, just let me remind you that like each year I will send out a Big Free Elliott Wave Outlook for 2024. Make sure to join us the list and get the analysis straight into your email box.



The theme of the day is BoJ who did not change its policy, so as a result JPY is down, with USDJPY climbing higher and searching for resistance which eventually can be a bit higher. However, we still think that USDJPY can see some nice turn down in 2024 as Ueda noted that there can be normalization in March of 2024 and possibly even some market surprises can happen. So definitely they are looking at changing the policy which will be volatile for JPY ideally in an upward direction. I will look at some USDJPY levels in our video below, plus will cover also Aussie, DXY, and Bitcoin.


NZDUSD is coming higher, check what our members have been reading two weeks back CLICK HERE


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