US Indices made New All Time Highs. Will Russell Follow?
In the recent months, we have seen US Indices like $SPX $NQ_F $YM_F and $ES_F making new all time highs but Russell is the one which has been lagging and has not yet made a new high....
Month: November 2019
Russell Elliott Wave View: Impulse Rally Calling More Upside
Elliott Wave View on Russell index suggests that the rally from 10/03/2019 low is unfolding as a 5 waves impulse structure favoring more upside to take place. While above 10/03/2019 low, wave 1 ended at $1510.7 high...
USDCAD Daily Analysis – November 14, 2019
USDCAD extended its upside movement from 1.3114 to as high as 1.3268. As long as the price is in the rising channel on the 4-hour chart, the upside movement could be expected to continue and next target...
USDJPY Daily Analysis – November 14, 2019
USDJPY is facing 108.64 support, as long as this level holds, the pullback from 109.48 could be treated as consolidation for the uptrend from 107.88, another rise to 110.00 area is possible after the consolidation. On the...
AUDUSD Daily Analysis – November 14, 2019
AUDUSD extended its downside movement from 0.6929 to as low as 0.6821. Further decline would likely be seen in a couple of days and next target would be at 0.6800 area. Resistance is at 0.6865, a break...
GBPUSD Daily Analysis – November 14, 2019
GBPUSD moved sideways in a trading range between 1.2768 and 1.2898. As long as 1.2898 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3012, further decline to 1.2650 area is still...
EURUSD Daily Analysis – November 14, 2019
EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1175. As long as the channel resistance holds, the downtrend could be expected to continue and next target would be...
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USDCAD Daily Analysis – November 13, 2019
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3114. As long as the channel support holds, the pullback from 1.3257 could be treated as consolidation for the uptrend...
USDJPY Daily Analysis – November 13, 2019
USDJPY continued its sideways movement in a trading range between 108.64 and 109.48. The sideways movement is likely consolidation for the uptrend from 107.88, further rise to 110.00 area is possible after the consolidation. Key support is...