USDJPY continued its sideways movement in a trading range between 108.42 and 109.00. Support is at the bottom of the price channel on the 4-hour chart, a breakdown below the channel support could take the price to...
AUDUSD broke above 0.6861 resistance and extended its upside movement from 0.6800 to as high as 0.6889. Further rise could be expected after a minor consolidation and next target would be at 0.6910 area. Near term support...
GBPUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 1.2822. As long as the channel support holds, the upside movement could be expected to continue and next target would...
EURUSD extended its upside movement from 1.0981 to as high as 1.1144, breaking above 1.1116 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.1170, followed by 1.1250. Support is...
PepsiCo (NASDAQ: PEP) is an American multinational food, snack, and beverage corporation offering food (brands include Frito-Lay and Quaker) and drinks, including Pepsi, Tropicana, and Gatorade. PEP rally since May 2018 is unfolding as an impulsive Elliott Wave structure which currently can...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLV, which we presented to members at elliottwave-forecast.com. In which, the rally from December 2018 lows & October 2019 lows,...
Pound Sterling remains strong as the U.K. will go to poll this coming Thursday December 12. The general election normally should be held every five years. However, this election will be the third time since 2015 as...
Short-term Elliott Wave view in Copper (HG_F) suggests that the metal is rallying as a 5 waves Elliott wave impulsive structure from November 15, 2019 low. Up from there, wave ((i)) ended at 2.69, and wave ((ii) pullback ended...
USDCAD is now in the downtrend from 1.3269, further decline would likely be seen in the coming days and next target would be at 1.3190 area. Resistance is at 1.3269, a breakout of this level could trigger...
USDJPY moved sideways in a trading range between 108.42 and 109.00. Support is at the bottom of the price channel on the 4-hour chart, a breakdown below the channel support could take the price to 107.50 area....