Since forming the low on Oct 26, 2018 low, Nifty has rallied higher and now is challenging the 2018 high (11760.20). A break above 2018 high will signal that the Index has ended the entire correction from...
Advanced Micro Devices (AMD) which is a multinational semiconductor company. Is following the overall structure of other World Indices. The stock is trading within a corrective sequence within the Grand Supercycle degree. From its all-time low, it...
USDCAD extended its downside movement from 1.3467 to as low as 1.3250. Key resistance is at 1.3370, as long as this level holds, the downside movement could be expected to continue and next target would be at...
USDJPY is forming a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 105.05 (Jan 3 low), a breakout of the upper border of the pattern could trigger further upside...
AUDUSD broke below the bullish support trend line on the 4-hour chart, suggesting that the short term uptrend from 0.7003 had completed at 0.7119 already. Further decline is still possible and next target would be at 0.7000...
GBPUSD remains in the uptrend from 1.2960, the fall from 1.3381 is likely consolidation for the uptrend. Support is at 1.3184, as long as this level holds, another rise towards 1.3500 could be expected after the consolidation....
EURUSD’s upside movement from 1.1176 extended to as high as 1.1361. Further rise is still possible and next target would be at 1.1400 area. Near term support is at 1.1320, a breakdown below this level could bring...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX, published in members area of the website. As our members know, the Index has incomplete bullish...
In this blog, we will take a look at the price action and Elliott wave structure of Crude Oil since December 24, 2018 low. Understanding the structure of initial rally up from December 24, 2018 low reveals...
IBEX Elliott Wave sequence from 12.28.2018 low remains bullish, favoring further upside. Near term, the rally from Feb 11, 2019 low (8834.3) is unfolding as a zigzag Elliott Wave structure. The first leg of this zigzag wave...
