In this technical blog, we are going to take a look at the past 1-hour chart’s performance of the Soybean Futures. But before looking further into the Charts, we must need to understand the market nature first. The market...
Elliott Wave View suggests USDCHF rally from March 9 low is unfolding as 5 waves impulse structure. Up from March 9 low, wave ((1)) ended at 0.9889, and wave ((2)) pullback is proposed complete at 0.9497. Internal...
The Corona Virus has provided some tremendous rallies in the healthcare and bio science sectors. Allied Healthcare Products Inc. is one of those names that has gone parabolic with the COVID-19 spreading worldwide. It still remains very...
By Elliott Wave International In the world of investing, “complacency” is a potentially hazardous state of mind. Consider that every year, September and October have often been rough on investors. But, in 2019, the S&P 500 had...
USDCAD is facing 1.3920 support, a breakdown below this level could signal resumption of the downtrend from 1.4667, then next target would be at 1.3700 area. Near term resistance is at 1.4070, a break of this level...
USDJPY remains in the uptrend from 106.91, the pullback from 109.38 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 110.50 area. Near term support is...
AUDUSD is facing 0.6213 resistance, a breakout of this level could signal resumption of the uptrend from 0.5507, then next target would be at 0.6400 area. Near term support is at 0.6070, a breakdown below this level...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.2485. As long as the channel resistance holds, the bounce from 1.2164 could be treated as consolidation for the downtrend...
EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1147 had completed at 1.0768 already. Further rally would likely be seen and next target would be at 1.0950 area....
Zoom Video Communications Inc (NASDAQ: ZM) is an American remote conferencing services company that combines video conferencing, online meetings, chat, and mobile collaboration. The stock has gained 90% since February before giving up half of the gains last...
