By Elliott Wave International Many of you know that Ralph Nelson Elliott discovered the method of forecasting the markets that today we call Elliott wave analysis — or, more formally, the Elliott Wave Principle. R.N. Elliott lived...
USDCAD broke below 1.3330 support and extended its downside movement from 1.3715 to as low as 1.3282. Further decline could be expected in the coming days and next target would be at 1.3200 aera. Near term resistance...
USDJPY failed to break above the resistance of the falling trend line on the 4-hour chart and pulled back from 106.47. As long as the trend line resistance holds, the downtrend from 108.16 could be expected to...
AUDUSD moved sideways in a trading range between 0.7063 and 0.7227. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.2251 is underway. Range trading between 1.2850 and 1.3169 would likely be seen in the coming days.
EURUSD is forming a sideways consolidation in a trading range between 1.1695 and 1.1908. As long as the price is above the rising trend line on the 4-hour chart, the upside movement from 1.1168 could be expected...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of COPPER ( $HG_F) published in the membership area of the elliottwave-forecast . As our members know, COPPER is showing impulsive...
In this blog, we are going to take a look at the Elliott Wave chart of Bitcoin (BTC/USD). The 1 hour London chart update from July 28 shows that the cryptocurrency ended wave ((iii)) at 11417.11 high. ...
DAX 30 minutes chart below shows that the Index has ended the cycle from July 21 peak. The decline unfolded as a zig-zag Elliott Wave Structure. Down from July 21 high, wave (A) ended at 12811.44 low. The...
Nikola has had quite a stellar 2020. With the stock price running from 10.31 to a high of 97.41 within the span of a few months, there is a lot of eyes on Nikola. They are a...
