EURUSD remains in the downtrend from 1.1570. As long as the price is below the bearish trend line on the daily chart, the bounce from 1.1110 could be treated as consolidation for the downtrend. Further decline could...
Did you know 60-80% of price action unfolds in just 5 core Elliott wave patterns? It’s true. If you can get familiar with just those five, you’ll be able to quickly scour you price charts. When one...
In this blog, I want to share with you some Elliott Wave charts of GBPAUD which we presented to our members. In the chart below You see the 4-hour updated chart presented to our clients on the 04/17/19. The higher...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NASDAQ. As our members know NASDAQ has been trading higher within December 2018 cycle. It has been...
Last month, we looked at the bearish incomplete sequence in $KC_F (Coffee) since 11.8.2016 peak but today we would be looking at the Elliott wave structure of the decline from 11.8.2016 peak in the daily time frame...
USDCAD failed to break above 1.3520 resistance and stayed in a trading range between 1.3376 and 1.3520. Another rise to test 1.3520 resistance is still possible, a break of this level could trigger further upside movement towards...
USDJPY extended its downside movement from 112.40 to as low as 109.47. Deeper decline is still possible after a minor consolidation and next target would be at 109.00 area. Near term resistance is at 110.30, only break...
AUDUSD remains in the downtrend from 0.7205, the price action from 0.6962 could be treated as consolidation for the downtrend. As long as the price is in the falling price channel on the 4-hour chart, the downside...
GBPUSD extended its downside movement from 1.3176 to as low as 1.2967. Further decline could be expected after a minor consolidation and next target would be at 1.2900 area. Near term resistance is at 1.3050, a break...
EURUSD broke above 1.1218 resistance and extended its upside movement from 1.1135 to as high as 1.1251. Further rise is still possible and next target would be at 1.1300 area. Near term support is at 1.1200, a...
