EURUSD failed to break below the bottom of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.0879. Further rise could be expected in the coming days and next target...
The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDNOK published in the membership area of the elliottwave-forecast.com . USDNOK broke September 3rd peak , which made the pair...
DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see...
Walmart (NYSE: WMT) is the world’s largest retailer, operating discount stores, supercenters, and grocery stores around the world. In today’s article, we’ll taker a look at the short term cycle of the stock based on Elliott Wave Theory...
USDCAD is in consolidation for the downtrend from 1.3347, range trading between 1.3170 and 1.3260 would likely be seen in a couple of days. As long as 1.3260 resistance holds, the downtrend could be expected to resume,...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 106.48. Further rise towards 109.00 is still possible. On the downside, a breakdown below the channel support would indicate that...
AUDUSD remains in the uptrend from 0.6670, the pullback from 0.6810 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...
GBPUSD moved sideways in a trading range between 1.2516 and 1.2707. As long as 1.2516 support holds, the sideways movement could be treated as consolidation for the uptrend, further rise to 1.2900 area is still possible. On...
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.0879. As long as the price is in the channel, the upside movement could be expected to continue and next...
