Facebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback...
By Elliott Wave International Back in early March, the behavior of the bond market was reminiscent of what unfolded during the depths of the 2007-2009 financial crisis. Prices and yields were making major moves in a short...
Gold (XAUUSD) shows a higher high sequence from 6.5.2020 low favoring further upside. Up from 6.5.2020 low, the precious metal extended higher in wave 1 as 5 waves impulse Elliott Wave Structure. The rally in wave 1...
In this blog, we are going to take a look at the Elliott Wave chart of NASDAQ Futures (NQ_F). The 1 hour London chart update from June 8, 2020 shows that the index has ended the cycle...
Hello fellow traders. GOLD is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of...
Pound Sterling declined against a basket of currencies last week after a series of negative news. First of all, Bank of England (BOE) decided to increase quantitative easing by £100BN, putting pressure to Pound Sterling. Secondly, the deadlock...
$FXB Longer Term Bearish Cycles & Elliott Wave Firstly the British Pound Sterling tracking ETF fund FXB inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is the focus of this analysis. The British...
Microsoft Corporation ( MSFT ) is currently still extending higher from 3.23.2020 low. The stock reached all time high on 6.11.2020 and ended wave ((3)) at 198.52 high. From there, MSFT did a pullback in wave ((4))...
The next entry in the theme of Corona Virus stocks is Blue Apron Holdings Inc ($APRN). Biotech and software are not the only sectors benefitting greatly from the COVID-19 outbreak. The food delivery services are also making...
Elliott Wave View in EURJPY suggests the decline from 6.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 6.1.2020 high, wave 1 ended at 120.23 as an impulse. Afterwards, the bounce in...
