EURUSD moved sideways in a trading range between 1.1695 and 1.1965. As long as the price is above the rising trend line on the daily chart, the sideways movement could be treated as consolidation for the uptrend...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLV , published in members area of the website. As our members know, XLV is another instrument...
By Elliott Wave International Elliott Wave International’s analysts have long noted that periods of low stock market volatility are almost always followed by periods of high volatility. Granted, periods of low volatility can stretch for a while,...
USDCAD extended its downside movement from 1.3715 (Jun 26 high) to as low as 1.3132. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to...
USDJPY is now in the downtrend from 107.05, the bounce from 105.10 is likely corrective consolidation for the downtrend. Further decline would likely be seen in the coming days and next target would be at 105.00 area....
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6776 (Jun 15 low). As long as the trend line support holds, the upside movement could be expected to continue...
GBPUSD broke above 1.3185 resistance and extended its upside movement from 1.2251 (Jun 29 low) to as high as 1.3266. Further rise would likely be seen in the coming days and next target would be at 1.3400...
EURUSD extended its upside movement from 1.1168 (Jun 19 low) to as high as 1.1965. Further rise would likely be seen and next target would be at 1.2100 area. Key support is at 1.1695, only a breakdown...
Elliott Wave View of S&P 500 (SPX) suggests the rally from July 25,2020 low has ended at 3399.54 high as wave 3, which is also a new all-time high. Up from July 25 low, wave ((i)) ended...
The Micex Index Long Term Cycles and Bullish Trend The Micex index has trended higher with other world indices since inception. The index remained in a long term bullish trend cycle into the December 2007 highs. It...
