USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 108.16. As long as the trend line resistance holds, the bounce from 104.18 could be treated as corrective consolidation for...
AUDUSD broke above 0.7227 resistance, suggesting that the uptrend from 0.6776 has resumed. Further rise could be expected in the coming days, and next target would be at 0.7350 area. Key support is at 0.7063, only break...
GBPUSD is facing 1.3169 resistance. A breakout of this level could trigger further upside movement to 1.3300 area. Near term support is at 1.3050, a breakdown below this level could bring the price back into 1.2850 zone.
EURUSD is facing 1.1908 resistance. A break of this level could signal resumption of the uptrend from 1.1168, then next target would be at 1.2000 area. Key support level is at 1.1695, only a breakdown below this...
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of NASDAQ index, which we presented to members at elliottwave-forecast. In which, the rally from March 22 March 2020 low unfolded...
Hello fellow traders. Another instrument that we have been trading lately is SILVER ( $XAGUSD ) . In this technical blog we’re going to take a quick look at the Elliott Wave charts of SILVER, published in...
EURJPY 45 Minutes chart below shows that the pair has ended the cycle from July 22 high in wave ((iv)) at 122.81 low. Up from wave ((iv)) low, the pair extended higher in wave (i), which ended...
Company Profile. NIO Inc. is a pioneer in China’s premium electric vehicle market. We design, jointly manufacture, and sell smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Nio...
$NEM The Longer Term Bullish Cycles of Newmont Corporation Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle...
The Euro Dollar has continued to slide since topping out on July 2008 at 1.6038. However, sentiment on the euro has recently improved after European Union leaders agreed to massive stimulus plan to counter the corona virus....
