Nike (Ticker: NKE) shows an incomplete sequence from January 22, 2020 high suggesting further downside is likely. The decline from January 22 high is unfolding as a double three Elliott Wave structure where wave ((W)) ended at...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As our members know, recently we were calling the decline in EUJPY...
By Elliott Wave International Most investors are surprised when a big trend turn occurs in the stock market. A big reason why is because most market participants tend to linearly extrapolate the current trend into the future....
USDCAD is in consolidation for the uptrend from 1.3201. Range trading between 1.3516 and 1.3759 would likely be seen in a couple of days. As long as 1.3516 support holds, the uptrend could be expected to resume...
USDJPY is in consolidation for the downtrend from 112.22. Range trading between 101.17 and 105.00 would likely be seen in a couple of days. As long as the price is below the falling trend line on the...
AUDUSD is now in the uptrend from 0.6311, the pullback from 0.6684 is likely corrective consolidation for the uptrend. Range trading between 0.6450 and 0.6684 would likely be seen in a couple of days, a breakout of...
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2725. As long as the channel support holds, the upside movement could be expected to continue and next target would...
EURUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0778. As long as the trend line support holds, the pullback from 1.1496 could be treated as consolidation for the...
OPEC’s failure to strike a deal to cut production output with Russia caused Saudi Arabia to slash oil’s prices in an all-out price war. US West Texas Intermediate Crude plunged more than 30% to $27.9 per barrel...
Over the weekend, a series of events has rocked the market. Investors continue to brace for economic fallout as coronavirus continues to spread around the world. Outside Mainland China, Italy now has the highest infection rate and...
