Gold higher time frame cycles suggest that cycle from 8/16/2018 low ended 5 waves advance on February 20, 2019, at $1346.75 high. Since then, Gold is going lower in an impulse manner as the decline is unfolding...
GBPAUD Technical Analysis April 2019 Every trader should always view the market in the “bigger picture” first. Viewing the market starting from the higher time frame down to the lower time frames will offer a trader a...
Short Term Elliott Wave view in CADJPY calls the bounce to 84.37 on April 17, 2019 as wave 2. The pair is currently in wave 3 lower and the internal subdivides as an impulse Elliott Wave structure....
Karachi Stock Exchange from Pakistan (KSE-100 index) is a major stock market index which tracks the performance of largest companies by market capitalization from each sector of Pakistani economy listed on “The Karachi Stock Exchange”. Since October 15th,...
SPY. The Elliott wave Theory is a Technical Analysis method that traders use to analyze the market and located the trend by using the relationship between highs and lows and applying a system developed by Ralph Nelson...
Summary A strong 3.2% U.S first quarter GDP indicates robust economy. Temporary drivers of the growth however may not be sustainable for the remainder of the year. Strong U.S. economic data can continue to boost global stock...
USDCAD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.3274 has completed at 1.3520 already. Further decline could be expected after a minor consolidation and next target would be...
USDJPY is testing the support of the price channel on the 4-hour chart. As long as the channel support holds, the fall from 112.40 could be treated as consolidation for the uptrend from 109.70, another rise towards...
AUDUSD is now in the uptrend from 0.6988, further rally could be expected in a couple of days and next target would be at 0.7120 area. Near term support is at 0.7020, only break below this level...
GBPUSD broke above the bearish trend line on the 4-hour chart and bounced strongly to as high as 1.3048, suggesting that the downside movement from 1.3132 had completed at 1.2865 already. Further rally is still possible after...
