In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of IYR, which we presented to members at elliottwave-forecast. In which, the rally from 16 December...
Elliott wave view in Silver (ticker: XAGUSD) suggests that the sequence from January 8, 2020 high remains incomplete. As such, the metal still has scope to see more downside to reach the 100 – 123.6% Fibonacci extension...
JPMorgan Chase (NYSE: JPM) is the largest bank in the United State. It is a multinational banking and financial service provider that was formed as a result of a merger of several banking companies in 1996. The Banking sector took...
In this technical blog, we’re going to make a recap of our recent forecast in Silver (XAG), which has been following the path that we had established in our charts offered to the customers of Elliottwave-Forecast. If...
USDCAD extended its upside movement from 1.3035 to as high as 1.3209. Further rise would likely be seen in a couple of days and next target would be at 1.3250 area. Support is now at 1.3153, a...
USDJPY moved sideways in a trading range between 108.73 and 109.26. The price action in the range is likely consolidation for the downtrend from 110.28, further decline to 108.00 area is possible after the consolidation. Resistance is...
AUDUSD extended its downside movement from 0.6933 to as low as 0.6731. Further decline could be expected and next target would be at 0.6700 area. Near term resistance is at 0.6777, a break of this level could...
GBPUSD is facing 1.2954 support, a breakdown below this level could trigger further downside movement towards 1.2850, followed by 1.2800. Near term resistance is at 1.3065, only break above this level could trigger another rise towards 1.3200.
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1172. As long as the trend line resistance holds, the bounce from 1.0992 could be treated as consolidation for the...
Zendesk (NYSE: ZEN) bullish trend since IPO is still in progress despite the 30% correction which took place last year. The Bulls remained in Control as the stock ended a corrective 3 swing move lower then started a...