USDCAD Short Term Elliott Wave view suggests that the decline from 3/19 high (1.313) is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.313, Minor wave 1 ended at 1.2819, Minor wave 2 ended at...
By Elliott Wave International The stock of Ferrari has been rising strongly since 2016. Can you spot the Elliott wave pattern? It has profound implications for the trend in RACE from here… Click the chart below to...
USDCAD extended its downside movement from 1.2943 to as low as 1.2544. Further decline is still possible after a minor consolidation and next target would be at 1.2500, followed by 1.2350. Near term resistance is at 1.2625,...
USDJPY moved sideways in a trading range between 106.61 and 107.49. As long as 106.61 support holds, the price action in the range could be treated as consolidation for the uptrend from 104.63, and a breakout of...
AUDUSD is now facing 0.7785 resistance. A breakout of this level could trigger further upside movement towards 0.7820, followed by 0.7860. Support is at 0.7725, only a breakdown below this level would indicate that the upside movement...
GBPUSD is facing 1.4244 resistance. A breakout of this level could trigger further upside movement towards 1.4350. Support is at 1.4100, a breakdown below this level would confirm that the uptrend is complete, then the following downside...
EURUSD remains in the uptrend from 1.2214, the fall from 1.2396 is likely consolidation for the uptrend. Range trading between 1.2300 and 1.2396 would likely be seen in a couple of days. As long as 1.2300 support...
Hello Fellow Traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website. We’re going to explain the forecast and Elliott Wave...
New U.S. Sanctions Hurt Russia’s Ruble and Benchmark Index Last Friday, as part of the U.S. effort to punish Moscow for “malign activity around the globe”, the U.S Treasury Department targeted numerous Russian oligarchs, officials, and companies...
Gold short term Elliott Wave view suggests that the yellow metal is in a sideways move, typical characteristic of a triangle Elliott Wave structure. A triangle is a sideways range structure with ABCDE label. In the case...
