AUDUSD remains in the downtrend from 0.7393, the bounce from 0.7086 is likely consolidation for the downtrend. Resistance is at 0.7150, as long as this level holds, the downtrend could be expected to continue and next target...
GBPUSD is facing the resistance of falling trend line on the 4-hour chart once again. A clear break above the trend line resistance would indicate that the downside movement from 1.3174 had completed at 1.2475 already, then...
EURUSD broke above 1.1442 resistance and extended its upside movement from 1.1269 to as high as 1.1485, facing the resistance at 1.1500, above here would aim 1.1550 area. Support is at the bullish trend line on the...
Hello fellow traders, In this blog, we will have a look at some short-term Elliott Wave charts of Netflix which we presented to our members in the past. You see the 1-hour updated chart presented to our clients on the...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of RUSSELL published in members area of the website. As our members know, RUSSELL has incomplete sequences in the cycle...
NASDAQ ticker symbol: $NQ_F short-term Elliott wave view suggests that a bounce to $6897 high ended Primary wave ((X)). Down from there, the decline is unfolding as a zigzag structure within primary wave ((Y)) where an initial...
By Elliott Wave International Good afternoon and welcome to our first installment of the Elliott Wave Market Minute. The big story of the day is in U.S. Stocks. The Dow Jones Industrial Average topped out at 24,057...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3253. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY broke above 112.63 resistance, suggesting that the short term downtrend from 113.70 had completed at 112.08 already. Another rise towards 113.50 would likely be seen in the coming days. Support is at 112.08, only a break...
After consolidation, AUDUSD extended its downside movement from 0.7393 to as low as 0.7087. Further decline is still possible in a couple of days next target would be at 0.7050 area. Near term resistance is at 0.7140,...
