EURUSD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 1.1496 had completed at 1.1055 already. Further rally would likely be seen in the coming days and a break of...
CADJPY Technical Analysis On March 4/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “$CADJPY Break below 79.88 and I’m selling … lets see if we see any downside momentum” CADJPY 1 Hour Chart 3.4.2020 : The chart below...
Oil price crashed more than 30% and reached a low of $27 earlier this week. OPEC’s failure to agree on further production cuts and Saudi Arabia/Russia price war has driven crude oil to the low last seen...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of INDU ( $YM_F) , published in members area of the website. As our members know , recently...
In recent days, the dutch stock Heineken has attracted a reasonable public attention as it also owns the Mort subite brand. In popular culture, the beer Mort subite goes with the Corona beer. “For 2x Coronas one...
$FXF Longer Term Cycles and Elliott Wave Firstly there is data back to when the ETF fund began in 2006 as low as 78.43. Data correlated in the USDCHF foreign exchange pair suggests the FXF high in August 2011...
The World Health Organization (WHO) has a declared the outbreak of the new corona virus a pandemic as health authorities around the globe continue to scramble to contain the sickness, first detected in the central Chinese city...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3201. As long as the channel support holds, the pullback from 1.3994 could be treated as consolidation for the uptrend,...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD extended its downside movement from 0.6684 to as low as 0.6094. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
