EURUSD broke below 1.0957 support, suggesting that the short term uptrend from 1.0879 had completed at 1.1000 already. Further decline could be expected in the coming days and next target would be at 1.0900 area. Resistance is...
USDCAD broke below 1.3298 support, suggesting that the upside movement from 1.3205 had completed at 1.3347 already. Deeper decline could be expected in the coming days and next target would be at 1.3250 area. Resistance is at...
USDJPY broke above 107.30 resistance, suggesting that the downside movement from 108.47 had completed at 106.48 already. Further rally could be expected in the coming days and next target would be at 108.00 area. Support is at...
AUDUSD broke below 0.6740 support, suggesting that the upside movement from 0.6670 had completed at 0.6773 already. Further decline could be expected in the coming days and next target would be at 0.6700 area. Near term resistance...
GBPUSD is facing 1.2260 support, a breakdown below this level could trigger another downside movement towards 1.2000. On the upside, as long as 1.2260 support holds, the fall from 1.2413 could be treated as consolidation for the...
EURUSD moved sideways in a trading range between 1.0957 and 1.1000. As long as 1.0957 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0879, further rise to 1.1050...
In today’s blog, we will have a look at the Seabridge Gold stock. The stock is listed in the SP 500. Seabridge Gold is a Canadian resource gold mining company headquartered in Toronto Ontario Canada. It was founded in...
Elliott Wave view on Gold suggests the rally from August 2018 low last year remains in progress as a 5 waves impulse Elliott Wave structure. On the 1 hour chart below, we can see wave ((4)) of this...
The Elliott Wave Theory is famous for the 5 waves advance and 3 waves declined, as we are showing in the following chart: As we can see, there are 5 waves up, which each one comes with...
USO United States Oil Fund Longer Term Cycles & Elliott Wave Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...
