USDCAD pulled back from 1.3328, breaking below the rising trend line on the 4-hour chart. Deeper decline to test 1.3262 support would likely be seen, a breakdown below this level would indicate that the upside movement from...
USDJPY continued its sideways movement in a trading range between 109.53 and 110.02. As long as 109.53 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.30, a breakout of 110.02 resistance...
AUDUSD extended its upside movement from 1.6661 to as high as 0.6737, breaking above 0.6710 resistance. Further rise would likely be seen and next target would be at 0.6760 area. Near term support is at 0.6695, a...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in downtrend from 1.3209. As long as the channel resistance holds, the bounce from 1.2871 could be treated as consolidation for the downtrend, and...
EURUSD extended its downside movement from 1.1095 to as low as 1.0891. Further decline is still possible after a minor consolidation and next target would be at 1.0850 area. Near term resistance is at 1.0940, a breakout...
CVR Energy (NYSE:CVI) lost almost 40% of it’s value since July of last year, as the stock started correcting the impulsive 5 waves advance from 2016 low. The correction taking place is unfolding as 3 waves Zigzag...
$GBPCHF FX Pair Long Term Cycles & Swings Firstly as seen on the monthly chart below there is data back to the early 1970’s readily available in the pair. It obviously had a central bank intervention during...
Amazon (ticker symbol: AMZN) broke above July 11, 2019 high (2035.8) a few weeks ago after reporting strong earnings. The stock now shows an incomplete bullish sequence from December 24, 2018 low favoring further upside. In the...
In this article, we will look at the Elliott Wave technical path for Intel (ticker: INTC). Most world indices is still trading within the 2009 cycle and should see more upside until the cycle ends. The 2009...
USDCAD’s upside movement from 1.2951 extended to as high as 1.3328. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
