AUDUSD moved sideways in a trading range between 0.6921 and 0.7000. As long as 0.6921 support holds, the sideways movement could be treated as consolidation for the uptrend from 0.6832 and further rise to 0.7500 area is...
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2251. As long as the channel support holds, the upside movement could be expected to continue and next target would...
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1184. As long as the channel support holds, the pullback from 1.1370 could be treated as consolidation for the uptrend...
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Light Crude Oil 45 minutes chart below shows that the commodity has ended wave (2) pullback at 37.09 low. From there, the commodity extended higher, with the rally unfolding as a diagonal Elliott Wave structure. Up from that...
The Corona Virus has had its toll on the marketplace in general. But some select names have remained resilient through the decline, DraftKings is one of those names. Draftkings went public on April 24/2020. The announcement was...
Amazon (AMZN) 30 minutes chart below shows that the stock has ended the cycle from June 29 low. The rally in wave 1 unfolded as a 5 waves Impulse Elliott Wave structure. Up from 2630.28 low, wave ((i)) ended...
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CAC40 is a French stock market index representing a capitalization-weighted measure of the 40 most significant stocks on the Euronext Paris; the ticker is $PX1. The drop in indices in February-March 2020 which many still relate to COVID-19...
By Elliott Wave International The stock market is a fractal — i.e., a self-repeating form at all degrees of trend. Meaning, without the time or price labels, you can’t tell if you’re looking at a 2-minute chart...
