In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of QQQ. We presented to members at the elliottwave-forecast. In which, the rally from 13 March 2023 low unfolded as an impulse structure....
With the recent failure in Silicon Valley Bank and First Republic Bank, we will take a look at the U.S. banking sectors. In this article, we will update the long term outlook of Wells Fargo & Company...
Hello Traders, in this article we will analyze our forecast of the ES Mini Futures in the short term cycle. Since the short term peak of ES_F from 04.18.2023 to end wave 3 we have been expecting...
The Toronto-Dominion Bank (TD) provides various financial products & services in Canada, US & internationally. It operates through three segments: Canadian retail, US retail & Wholesale banking. It is based in Toronto, Canada, comes under Financial services...
By Elliott Wave International Many technical indicators are highly useful, yet the price moves of the stock market really boil down to two things: optimism and pessimism. Major trend turns tend to occur when extremes are reached in either...
The USDCAD pair has been on a bearish trend lately, as indicated by the downside movement from 1.3667 to as low as 1.3527. This suggests that the uptrend from the Apr 14 low of 1.3300 has completed....
USDJPY is currently facing resistance at the 137.90 level, and a sideways movement between the range of 135.70 and 137.80 could be seen in the near term. As long as the support level at 135.70 holds, the...
The AUDUSD currency pair has been in an uptrend in the short term, having broken above the falling trend line on the 4-hour chart. This suggests that the downside movement from the high of 0.6771 has already...
The GBPUSD pair has been moving in a range-bound manner between 1.2343 and 1.2583, indicating indecision in the market. However, the sideways movement is expected to continue for the time being. If the price breaks above the...
The EURUSD pair has been under pressure in recent trading sessions, with the pair breaking below the support level of 1.0962. This has triggered a bearish signal, suggesting that the pair could be headed for further declines...