USDJPY remains in the uptrend from 105.98, the pullback from 108.08 is likely consolidation for the uptrend. Support is located at the bottom of the price channel on the 4-hour chart, only a breakdown below the channel...
AUDUSD extended its upside movement from 0.6401 to as high as 0.6615. Further rise would likely be seen and next target would be at 0.6700 area. Near term support is at 0.6500, a breakdown below this level...
GBPUSD is now in the uptrend from 1.2073, the pullback from 1.2296 is likely corrective consolidation for the uptrend. Further rally could be expected and next target would be at 1.2450 area. Support is at 1.2073, only...
EURUSD’s upside movement from 1.0774 extended to as high as 1.0999. Further rise would likely be seen and next target would be at 1.1100 area. Support is at 1.0918, a breakdown below this level could bring the...
In this article, we will take a look at Southwest Airline (ticker: LUV) stock. The airlines industry and stock have been battered due to the corona virus. We do understand that the Fundamentals might not look great...
$EURGBP FX Pair Elliott Wave and Longer Term Cycles Firstly as seen on the monthly chart below there is data back to January 1975 in the pair. The EUR part being derived from the German Deutsche Mark up...
Amazon stock (ticker: AMZN) continues to perform well as the demand of the service surges due to the Covid-19. The pandemic forces people to stay at home and buy a lot of things online, which is precisely...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of INDU. As our members know INDU has recently given us pull back against the March 18058 low. ...
An Eye-Opening Perspective: Emerging Markets and Epidemics By Elliott Wave International People across the entire planet remain very much aware of the COVID-19 health threat. The global disruption associated with the pandemic far surpasses other major health...
USDCAD is facing 1.3849 support, a breakdown below this level could take the price to 1.3700 area. Near term resistance is at 1.3980, a break of this level could trigger another rise towards the falling trend line...
