The next entry in the theme of Corona Virus stocks is Inovio Pharmaceuticals Inc. Inovio has had a steady advance during the COVID-19 spreading worldwide. It also remains very technical as with all other stocks. Lets take...
USDCAD failed to break below 1.3849 support and rebounded from 1.3866, breaking above 1.3980 resistance. Further rally would likely be seen and next target would be at the falling trend line on the 4-hour chart. Support level...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 105.98. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD remains in the uptrend from 0.6401, the pullback from 0.6615 is likely consolidation for the uptrend. As long as 0.6500 support holds, the upside movement could be expected to continue and next target would be at...
GBPUSD broke above the falling trend line on the 4-hour chart and is now in the uptrend from 1.2073. Further rally would likely be seen and next target would be at 1.2450 area. Support is at 1.2073,...
EURUSD failed to break above 1.1018 resistance, and pulled back from 1.1008. Another rise to test 1.1018 resistance is still possible, a breakout of this level could trigger another upside movement towards 1.1100. Support is at 1.0918,...
In this blog, we are going to take a look at the Elliott Wave chart of RTY_F (E-mini Russell 2000). The 1 hour NY Midday chart update shows that the cycle from April 29 peak is unfolding...
Crude Oil prices are staging impressive comeback after last month’s collapse to -$30. Sentiment in Oil has vastly improved in the past few weeks. Hopes of the supply cut as well as demand rebound help to support...
GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down...
USDCAD formed a sideways consolidation above 1.3849 support. Another fall to test 1.3849 support would likely be seen, a breakdown below could take the price to 1.3700 area. Near term resistance is at 1.3980, above this level...
