FTSE was correcting the cycle from the 6530.6 low,when the pull back was unfolding as Elliott Wave FLAT pattern. We expected FTSE to trade higher due to 5 waves rally in the cycle from the December 27th...
Ishares Silver Trust (SLV) Larger Cycles and Elliott Wave Firstly as seen on the weekly chart shown below. There is data back to when the ETF fund was started in 2006. Data suggests the fund made a...
Zynga (NASDAQ: ZNGA) is a video game developer company focused on social mobile gaming. With popular games like FarmVille and Zynga Poker, the American publisher managed to stand out in a crowded market. In the recent decade,...
Total cash investments among the major participants in the CME Group of Crude Oil derivatives trading decreased by 5%. At the same time, the total capitalization of investments in dollars amounted to $ 256 billion 588 million....
USDCAD extended its downside movement from 1.3374 to as low as 1.3068. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. A breakout of the trend line resistance would indicate that the downside movement from 109.99 had completed at 108.49 already, then another rise...
AUDUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7075. As long as the trend line support holds, the fall from 07295 could be treated as consolidation for the...
GBPUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 1.3217 could be treated as consolidation for the uptrend from 1.2396, another...
EURUSD moved sideways in a trading range between 1.1406 and 1.1514. The price action in the range is likely consolidation for the uptrend from 1.1289, further rise to 1.1600 area is still possible after the consolidation. On...
USDCAD broke below 1.3179 support and extended its downside movement from 1.3664 to as low as 1.3068. As long as the price is below the falling trend line on the daily chart, the downside movement could be...
