AUDUSD’s downside movement from 0.7047 had completed at 0.6910 already. Another rise towards 0.7050 could be expected over the next several days. Near term support is at 0.6950, a breakdown below this level could bring the price...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.2783. As long as the channel resistance hods, the bounce from 1.2439 could be treated as consolidation for the downtrend,...
EURUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.1412 had completed at 1.1193 already. Further rally could be expected after a minor consolidation and next target would be...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLV a health care ETF from the USA, which we presented to members at elliottwave-forecast. In which, the...
USDJPY Technical Analysis USDJPY last week signalled bulls to enter the market. Why did traders decide to “BUY” the USDJPY pair towards the end of the week for a push higher? Some speculators will say because of...
Today, I want to share some Elliott Wave charts of the Tesla stockwhich we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 06/30/19. Tesla short-term cycle...
By Elliott Wave International In May, the National Oceanic and Atmospheric Administration predicted a near-normal 2019 hurricane season, which runs from June 1 to November 30. But, the season got off to an early start with the...
USDCAD is facing 1.3144 resistance, as long as this level holds, the price action in the trading range between 1.3036 and 1.3144 could be treated as consolidation for the downtrend from 1.3432, another fall to 1.2950 area...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 107.53. As long as the price is in the channel, the upside movement could be expected to continue and next...
AUDUSD broke below 0.6955 support, indicating that the upside movement from 0.6831 had completed at 0.7047 already. Further decline could be expected in the coming days and next target would be at 0.6850 area. Resistance is at...
