Hello fellow traders. Today, I want to share some Elliott Wave charts of the Facebook stockwhich we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 01/17/19....
Elliott Wave view in Exxon Mobil (ticker: XOM) suggests that the rally from December 26, 2018 low ($64.65) is unfolding as Elliott Wave zigzag. The first leg of the zigzag ended at $73.33 on January 18, 2019...
Welcome traders, today we will look at a couple of Oil futures (CL #F) charts. After reaching a short term top, patience leads us to a trading opportunity. See how profitable and efficient it can be to...
USDCAD’s downside movement from 1.3374 extended to as low as 1.3118. Further decline is still possible after a minor consolidation and next target would be at 1.3000 area. Resistance is at the bearish trend line on the...
USDJPY broke below 109.14 support, indicating that the upside movement from 107.76 had completed at 109.99 already. Deeper decline could be expected and next target would be at 108.00 area. Resistance is at the falling trend line...
AUDUSD extended its upside movement from 0.7075 to as high as 0.7272, breaking above 0.7235 resistance. Further rise could be expected after a minor consolidation and next target would be at 0.7350 area. Support is located at...
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.3217 could be treated as consolidation for the uptrend from 1.2396, another...
EURUSD extended its upside movement from 1.1289 to as high as 1.1501. Further rise is still possible after a minor consolidation and next target would be at 1.1550 area. Support is located at the bullish trend line...
Over the next few weeks Japanese Yen strength should drive prices of AUDJPY lower within a downward sloping channel. The current incomplete Elliott Wave structure also supports this expectation of further downside. In this article we’ll explore...
NZDUSD Technical Analysis January 29/2019 NZDUSD remains bullish as long as the January 22/2019 low remains untouched. If you read the article, NZDUSD : Possible Bullish Patterns, published on December 19/2018 you will already know that we...
