By Elliott Wave International When a trend is strong, related markets tend to move in unison. However, when a trend is near exhaustion — a bullish or bearish trend, “non-confirmations” often occur. A non-confirmation occurs when one...
USDCAD continued its sideways movement in a trading range between 1.4148 and 1.4667. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for...
USDJPY extended its upside movement from 101.17 to as high as 111.71. 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...
AUDUSD is testing 0.5985 resistance, a break of this level could trigger further upside movement towards 0.6200. Near term support is at 0.5650, a breakdown below this level could bring the price back towards 0.5507 support.
GBPUSD continued its sideways movement in a trading range between 1.1409 and 1.1933. As long as 1.2250 resistance holds, the price action in the trading range could be treated as consolidation for the downtrend from 1.3199, and...
EURUSD is facing the resistance of the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.0635 could be treated as consolidation for the downtrend from 1.1496, another...
In this article, we will look at the American Airlines (AAL) to make sense of the recent huge volatility in the stock market. The world faces a tremendous crisis due to the pandemic created by the Corona...
Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II....
European Union Carbon prices occupy the brains of public in Europe since many years. Under EU guidelines, participating organizations have to purchase the emission allowances from others or they can sell their leftovers. This has to occur,...
USDCAD moved sideways in a trading range between 1.4148 and 1.4667. The price action in the range is likely consolidation of the uptrend from 1.3201, and further rise towards 1.4800 could be expected after the consolidation. Only...
