GBPUSD’s downside movement from 1.3209 extended to as low as 1.2920. Further decline would likely be seen in the coming days and next target would be at 1.2800 area. Near term resistance is at 1.3000, a break...
EURUSD broke below 1.0992 support and extended its downside movement from 1.1239 to as low as 1.0964. Further decline could be expected in the coming days and next target would be at 1.0900 area. Near term resistance...
In this blog, we are going to take a look at the Elliottwave chart of AUDJPY. The rally from August 26, 2019 unfolded as 5 waves impulsive move up in wave (A) as a leading diagonal. Based...
Amazon (ticker: AMZN) recently reported Q4 2019 earnings. The result of $45.7 billion online sales surpassed the Q4 2018 number of $39.8 billion. The company also announced they currently have over 150 million Prime subscribers globally. In...
In this technical blog, we are going to take a look at the past performance of CHFJPY, 1-Hour Elliott wave Charts that we presented to our members. In which, the rally from October 2019 lows showed an impulse structure called for...
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index ended the correction from December 17, 2019 high in wave ((4)) at 22628. The Index has resumed higher in wave ((5)) although it still needs to...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKKEI published in members area of the Elliottwave-Forecast . As our members know, NIKKEI has recently gave...
XAUUSD (Gold) formed a secondary peak at 1593.82 on February 2, 2020 and turned lower sharply. Primary count suggests secondary peak completed wave B as a FLAT and wave C lower has started which should form part...
USDCAD remains in the uptrend from 1.3035. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target would be at 1.3350...
USDJPY extended its upside movement from 108.30 to as high as 109.90. Further rise would likely be seen after a minor consolidation and next target would be at 110.28 resistance. Near term support is at 109.55, below...
