XLI Set to Make New Highs The Industrial Sector ETF, XLI, is set to make new all-time highs above the January 2018 high at 80.96. From 80.96 Elliott wave analysis suggests XLI corrected lower on the daily...
The 4 time frame is favored turning up. The 1 hour right side is higher. While above the 2/15/19 lows expect the pair higher. Since bottoming at $42.36 on December 24, 2018, Crude Oil (CL_F) has rallied...
By Steve Hochberg and Pete Kendall Once upon a time, central banks’ purchases of common stocks were non-existent. In recent times, however, a 2018 Reuters article observes that once stodgy central banks have moved into the fast...
USDCAD is facing 1.3112 support, a breakdown below this level could signal resumption of the downtrend from 1.3339, then next target would be at 1.3000 area. Resistance is at 1.3241, only a break of this level could...
USDJPY continued its sideways movement in a trading range between 110.25 and 111.23. As long as 110.25 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.49, a breakout of 111.23 resistance...
AUDUSD failed to break above 0.7206 resistance and pulled back from 0.7198. Deeper decline would likely be seen and next target would be at 0.7080 area. Only a break above 0.7206 resistance could trigger another rise towards...
GBPUSD’s upside movement from 1.2772 extended to as high as 1.3350. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3230, a breakdown below...
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1234. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
Union Pacific Railroad (NYSE:UNP) is a publicly-traded railroad holding company that was established in 1969 . Last year, revenues grew to $22.8 billion, while earnings was up in mid-single-digits to $10.8 billion. Revenue growth was led by...
Hello fellow traders. Today, I want to share some Elliott Wave charts of Soybean (ZS_F) which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 02/20/19....
