In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of OIL, which we presented to members. In which, the rally from 25 June 2020 lows is nesting higher in an...
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USDCAD broke below 1.3485 support. Further decline could be expected in the coming days and next target would be at 1.3300 area. Near term resistance is at 1.3480, a break of this level could bring the price...
USDJPY is facing 106.64 support. A breakdown below this level could trigger further downside movement towards 106.00. Resistance is at 107.53, a breakout of this level could take the price to 108.50 area.
AUDUSD broke above 0.7063 resistance and extended its upside movement from 0.6832 to as high as 0.7146. Further rise could be expected after a minor consolidation and next target would be at 0.7250 area. Near term support...
GBPUSD extended its upside movement from 1.2251 to as high as 1.2767. Further rise would likely be seen after a minor consolidation and next target would be at 1.2900 area. Near term support is at 1.2650, a...
EURUSD’s upside movement from 1.1184 extended to as high as 1.1542. Further rise is possible after a minor consolidation and next target would be at 1.1600 area. Support is located at the rising trend line on the...
In this blog, we are going to take a look at the Elliott Wave chart of Silver (XAGUSD). The 45 minutes London chart update from July 17 shows that the metal has ended cycle from July 2...
Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter the economic effects of the pandemic. With...
DXY 1 hour chart below shows that the index has continued to extend lower and can see more downside before ending wave ((v)). The index ended the cycle from June 30 high as wave ((i)) at 96.57...
