GBPUSD continued its downside movement from 1.3199 and the fall extended to as low as 1.1451. Further decline would likely be seen and next target would be at 1.1300 area. Near term resistance is at 1.1850, a...
Being contained by 1.0778 support, EURUSD rebounded from 1.0801. As long as the price is below the bearish trend line on the 4-hour chart, the bounce could be treated as consolidation for the downtrend from 1.1496, another...
In this technical blog, we are going to take a look at the past performance of IBEX 1-Hour Elliott wave Charts. That we presented to our members. In which, the decline from the 2/19/2020 peak took place...
Elliott Wave view in Sweet Crude Oil Futures (CL_F) suggests that the decline from April 23, 2019 high (66.6) is unfolding as a 5 waves impulse Elliott Wave structure. Down from April 23, 2019 high, wave (1)...
Here, I am going to take a look on weekly and daily charts of Euro Swissy $EURCHF. In a quiet natural way, this cross is a ratio of two pairs: $EURUSD and $USDCHF. In weekly time frame, the pair...
ZS_F (Soybean Futures) decline from 961’4 peak to 868’6 low was in 5 waves as 4 Hour chart below shows and thus, we expected bounces to fail below 961’4 peak for another round of selling in 5...
In this blog, we are going to take a look at the Elliottwave chart of AUDNZD. The chart below from March 3 update shows that the cycle from November 8, 2019 high unfolded as 5 waves impulsive...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3201. As long as the trend line support holds, the upside movement could be expected to continue and next target...
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 0.5958. Further decline is still possible after a minor consolidation and next target would be at 0.5900 area. Near term resistance is at 0.6060, a break...
