GBPUSD stays in a rising price channel on the daily chart and remains in the uptrend from 1.1409. As long as the channel support holds, the pullback from 1.3482 could be treated as corrective consolidation for the...
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the price action in the trading range between 1.1695 and 1.2010...
By Elliott Wave International Let’s pretend for a second we’re trying to explain to an alien how the weather works on planet Earth. When the sky turns dark and cloudy, we might tell him, this indicates rain...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As our members know, EURJPY is showing higher high...
Nike (NKE) has made another all-time high suggesting the bulls remain in firmly in control. Elliott Wave View of Nike suggests the stock is still within the cycle from March low as an impulse. Currently, the stock...
United Internet AG is a global internet services company. Founded 1988, headquartered in Montabaur, Germany, and traded under the ticker $UTDI at FSE, it is a component of the TecDax index. First of all, United Internet comprises...
Elliott Wave View of Dow Futures (YM) suggests the Index ended the cycle from June 15 low as wave ((3)) at 29180 high. Afterwards, Index did a pullback in wave ((4)) to correct against that cycle. The...
By Elliott Wave International Let’s start off with an August 26 quote from Marketwatch: [F]rothy financial markets … currently are discounting the nirvana of an uninterrupted V-shaped recovery. … Of course, that statement means that the reason...
In this technical blog, we are going to take a look at the past performance of EURGBP 4-Hour Elliott wave Charts that we presented to our members. In which, the rally from April 2020 low showed an impulse structure with the...
In this blog, we are going to take a look at the Elliott Wave chart of Wheat Futures (ZW_F). The 4 hour chart update from August 13 shows that wheat has ended the cycle from June 27...
