Hello fellow traders. In today’s technical blog, we will have a look at the JP Morgan (JPM) stock. JPM has been in a big consolidation between 2018 and 2019. The stock was ranging from 91.45 low and 120.05...
Google (ticker: GOOGL) rallies today and should remain supported against the lows on August 2019. The stock is extending within the Super cycle degree wave (III) since the low in 2009. The following chart below shows the...
Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This drop has ended the entire correction which...
Hello fellow traders. In today’s blog, we will have a look at Boeing and the recent price action. The Boeing Stock peaked in March,1,2019 and since then have been trading lower in a series of lower lows...
Hello fellow traders. In today’s blog, we will recap a blog I did last month about Lufthansa. In that blog, I talked about the reasons why the stock should remain weak in the coming weeks and months....
USDCAD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3347. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
USDJPY broke above 108.93 resistance, suggesting that the uptrend from 106.48 has resumed. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.6882 had completed at 0.6809 already. Further rally could be expected and next target would be at 0.6860 area. Support...
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2788 could be treated as consolidation for the downtrend from 1.3012, further decline...
EURUSD failed to break below the bullish trend line on the 4-hour chart and rebounded from 1.1073. Further rally to test 1.1125 resistance is possible, a breakout of this level could trigger another rise towards 1.1200. On...
