USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the fall from 1.3207 had completed at 1.3114 already. Further rally would likely be seen in a couple of days and next target would...
USDJPY failed to break above 109.28 resistance and pulled back to 108.80 area. Deeper decline would likely be seen and next target would be at 108.40 area. Resistance is at 109.28, only break above this level could...
AUDUSD’s fall from 0.6929 extended to as low as 0.6868. Deeper decline would likely be seen in the coming days and next target would be at 0.6840 area. However, as long as 0.6840 support holds, the fall...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the short term downtrend from 1.2975. As long as the trend line resistance holds, the downside movement could be expected to continue, further...
EURUSD remains in the downtrend from 1.1175, further decline would likely be seen and next target would be at 1.1000 area. Near term resistance is at 1.1092, a break of this level could bring the price back...
AUDCAD Technical Analysis November 3/2019 AUDCAD : There are clear visible bullish market patterns on the weekly chart but traders will still need to wait for more confirmation that a bottom will form. AUDCAD still needs to...
Elliott Wave View on Dow Jones Future (YM_F) suggests the rally from October 3 low is unfolding as a 5 waves impulsive Elliott Wave. On the 1 hour chart below, we can see wave ((iii)) of this...
Elliott Wave View on Russell (RTY_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from Oct 3 low, wave ((i)) ended at 1510.7 and pullback in...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of CORN ( $ZC_F) published in members area of the elliottwave-forecast.com . As our members know, CORN ended cycle from the 352’3...
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3207. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
