EURUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1347 could be treated as consolidation for the uptrend from 1.1116, another...
In this technical blog, we are going to take a look at the past performance of 4 hour Elliott Wave Charts of S&P 500 Futures (ES_F), which we presented to members at elliottwave-forecast. In which, the cycle from 12/26/2018...
The Wisdomtree Continuous Commodity Index (GCC) has reached our long-term investor buying area (Blue Box). The Index is ending an ABC pullback from its July 2008 peak. The minimum target to the downside was $17.35 and at...
The BEL20 Index is correcting the cycle up from the 2009 lows. Firstly the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle...
USDCAD stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 1.3564. As long as the trend line resistance holds, the bounce from 1.3240 could be treated as consolidation for the...
USDJPY is in consolidation for the downtrend from 112.40. Range trading between 107.81 and 109.00 would likely be seen in a couple of days. As long as 109.00 resistance holds, the downside movement could be expected to...
AUDUSD is now in the downtrend from 0.7021. Further decline could be expected after a minor consolidation and next target would be at 0.6900 area. Near term resistance is at 0.6990, only break above this level could...
GBPUSD is now in the downtrend from 1.2762. Another fall could be expected after a corrective consolidation and next target would be at 1.2558 previous low. Resistance is at 1.2762, only break above this level could trigger...
EURUSD remains in the uptrend from 1.1116 the pullback from 1.1347 is likely consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be...
USDCAD’s downside movement from 1.3564 extended to as low as 1.3240. 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 target...
