USDCAD Daily Analysis – April 11, 2019
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3450. As long as the price is below the trend line, the downside movement could be expected to continue and...
Month: April 2019
USDJPY Daily Analysis – April 11, 2019
USDJPY stays below a bearish trend line on the 4-hour and remains in the downtrend from 111.82. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would...
AUDUSD Daily Analysis – April 11, 2019
AUDUSD extended its upside movement from 0.7052 to as high as 0.7174. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
GBPUSD Daily Analysis – April 11, 2019
GBPUSD formed a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout of the upper border of the pattern could take the price to...
EURUSD Daily Analysis – April 11, 2019
EURUSD extended its upside movement from 1.1183 to as high as 1.1287. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
Sony Corporation (NYSE: SNE) Impulsive Structure Since 2012
Sony Corporation (NYSE: SNE) is a Japanese multinational conglomerate corporation. The Company has a diversified business primarily focused on the Electronics, Games, Entertainment and Financial Services. In this article, we’ll be looking at the technical Elliott Wave structure of...
Elliott Wave Analysis: USDSEK Rallying From Blue Box Area
Welcome traders, today we will look at a couple of USDSEK pair charts.The following analysis will show how profitable and efficient it can be to trade with our philosophy and basic Elliott Wave analysis. First of all, we start...
GBPJPY : Will Pair Continue Lower?
GBPJPY Technical Analysis April 10/2019 GBPJPY : Bearish market patterns can be seen on the GBPJPY 4 hour chart. In the chart below a blue bearish Head and Shoulders pattern is visible and price has already broken...
Elliott Wave View: Nikkei Still Missing Wave 5
Short Term Elliott Wave view on Nikkei Futures suggests the pullback to 20704 ended wave (2). The Index then resumed higher in wave (3) which ended at 21985. The internal of wave (3) subdivided as an impulse Elliott...
USDCAD Daily Analysis – April 10, 2019
USDCAD extended its downside movement from 1.3450 to as low as 1.3283, breaking below 1.3295 support. Further decline could be expected after a minor consolidation and next target would be at 1.3200 area. Resistance is located at...