EURUSD broke above the falling trend line on its 4-hour chart, suggesting that the downside movement from 1.2413 had completed at 1.1822 already. Further rally could be expected in the coming days and next target would be...
By Elliott Wave International Dow Theory is a time-honored market analysis tool. Its name comes from Charles H. Dow, co-founder of The Wall Street Journal. In fact, The Wall Street Journal provided a capsule summary : Dow...
USDCAD dropped sharply from 1.2997, breaking below 1.2870 support. Deeper decline to test 1.2803 support could be expected, a breakdown below this level would confirm that the upside movement from 1.2526 had completed at 1.2997 already, then...
USDJPY is facing 110.03 resistance, a breakout of this level could signal resumption of the uptrend from 104.63, then next target would be at 111.50 area. Near term support is at the bottom of the price channel...
AUDUSD’s downside movement from 0.7813 extended to as low as 0.7412. Further decline is still possible after a minor consolidation and next target would be at 0.7300 area. Resistance levels are at 0.7500 and 0.7560, only break...
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 1.4376 had completed at 1.3484 already. Further rally would likely be seen and a breakout of 1.3606 resistance could take price...
EURUSD remains in the downtrend from 1.2413, the bounce from 1.1822 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be...
Vanguard communication services ETF ticker symbol: VOX short-term Elliott Wave view suggests that the bounce to 88.35 on 4/24/2018 high ended cycle degree wave “b”. Below from there, the cycle degree wave “c” remain in progress as an Impulse Elliott Wave...
USDCAD broke above 1.2917 resistance and extended its upside movement from 1.2526 to as high as 1.2997. Further rise is still possible after a minor consolidation and next target would be at 1.3050 area. Near term support...
USDJPY failed to break below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 104.63. Further rise could be expected and a breakout of...
