In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of BABA, which we presented to members at elliottwave-forecast.com. In which, the rally from October 2019 lows, showed the higher highs...
Best Buy is trading within a very Technical Elliott Wave structure with well-defined cycles. Currently, it is showing a five waves advance, but also it has an incomplete sequence. The Five waves structure runs in a sequence...
Short term Elliott wave view in Tesla (ticker: TSLA) suggests the rally to $594.5 ended wave (3). The stock then corrected in wave (4) and the pullback ended at $538.66. The structure of wave (4) unfolded as...
USDCHF found a low on 1.16.2020 (0.9610) and has been bouncing since then. Initial rally from 0.9610 to 0.9729 was in 3 waves which was followed by a pull back and pair has since then made a...
By Elliott Wave International Many investors heed every utterance from the Federal Reserve, hoping they hear a clue about interest rates. They assume that a fall in interest rates means higher stock prices, while rising rates will...
USDCAD remains in the uptrend from 1.3035, the pullback from 1.3205 is likely consolidation for the uptrend. As long as 1.3117 support holds, the uptrend could be expected to continue and next target would be at 1.3250...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 110.28 had completed at 108.73 already. Further rally could be expected in a couple of days and next target would be...
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6933. As long as the trend line resistance holds, the bounce from 0.6736 could be treated as consolidation for the...
GBPUSD broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2954 had completed at 1.3173 already. Further decline would likely be seen in the coming days and...
EURUSD extended its downside movement from 1.1172 to as low as 1.0997. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.0997 could be treated as consolidation for...
