By Elliott Wave International Let’s assume financial markets are driven by news events. Negative news items cause prices to fall, while positive items fuel rallies. Easy enough, right? Not exactly. See, there are several problems with this...
Short Term Elliott Wave view in ES_F Index suggests the rally to 2403.75 ended Minor wave A. Minor wave B unfolded as an Expanded Flat Elliott Wave structure where Minute wave ((a)) ended at 2379, Minute wave ((b))...
EURAUD is still moving safely inside its short-term ascending channel and has recently pulled back to support again. Applying the Fib tool on the latest swing low and high shows that the channel bottom lines up with...
USDCAD broke below the support trend line of the price channel on 4-hour chart and continued its downward movement from 1.3793. Further decline could be expected and next target would be at 1.3300 area. Near term resistance...
USDJPY is now in uptrend from 110.23. Further rally could be expected over the next several days and next target would be at around 113.50. Support levels are at 110.80 and 110.23, only break below these levels...
AUDUSD failed to break below the bottom support trend line of the price channel on 4-hour chart and rebound from 0.7442, indicating that the pair remains in uptrend from 0.7328. As long as the pair is in...
GBPUSD moves in a bullish price channel on 4-hour, indicating that the pair remains in uptrend from 1.2365. As long as the pair is in the channel, the uptrend could be expected to continue, and further rise...
EURUSD failed to break below 1.1161 support and moved sideways in a trading range between 1.1161 and 1.1267, indicating that the pair remains in uptrend from 1.0839 and the fall from 1.1267 could be treated as consolidation...
Randgold Resources (NASDAQ: GOLD) was founded 22 years ago in 1995, it’s a gold mining business operating in Africa mainly in Mali. The price of Gold & Silver dropped significantly early this month which put a lot of pressure...
In this technical blog, we are going to take a look at the performance of past Elliott wave FTSE charts from April 2017. Now lets take a look at the 4 hr chart from April 20,2017, which...
