USDCAD is facing 1.4182 resistance, a break of this level could signal resumption of the uptrend from 1.3854, then next target would be at 1.4400 area. Support is at 1.3960, a breakdown below this level could trigger...
USDJPY continued its sideways movement in a trading range between 106.92 and 108.08. As long as 108.08 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 109.38, and further...
AUDUSD continued its sideways movement in a trading range between 0.6263 and 0.6444. The price action in the range is likely consolidation for the uptrend from 0.5507, another rise to 0.6600 area would likely be seen after...
GBPUSD moved sideways in a trading range between 1.2406 and 1.2522. As long as 1.2522 resistance holds, the downside movement from 1.2647 could be expected to resume and further decline to 1.2300 area is possible. However, a...
EURUSD moved sideways in a trading range between 1.0812 and 1.0905. As long as 1.0905 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.0990, and further decline to 1.0700 area is...
$CPER Copper Index Tracker Elliott Wave & Long Term Cycles Firstly the CPER Copper Index Tracking instrument has an inception date of 11/15/2011. There is data in the HG_F copper futures before this going back many years. That...
$USO United States Oil Fund Elliott Wave & Longer Term Cycles Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Apple stock, published in members area of the website. As our members know, Apple has been showing...
EURJPY Technical Analysis On April 14/2020 I posted on social media (Stocktwits/Twitter) @AidanFX the SELL trade setup “Sell EURJPY @ 117.67 Stop Loss @ 117.93 Target @ 117.15” EURJPY 1 Hour Chart April 14.2020 : The chart below was...
EURJPY has been under pressure since forming a lower high 121.15 on 25th March. It is yet to break below 10th March low but the bounces look corrective which increase the likelihood of a break lower. Moreover,...
