In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPJPY. In which, the rally from 13 December 2023 low unfolded as an impulse sequence and called for an extension higher...
AUDUSD has been caught in a sideways movement between 0.6521 and 0.6594, leaving the near-term direction unclear. This analysis explores the potential implications of this price action, considering both bullish and bearish scenarios. Uptrend on Hold? Consolidation...
GBPUSD remains in an uptrend that began at 1.2535, continuing to trade above the rising trend line on the 4-hour chart. This technical analysis explores the potential scenarios based on the current price action and key support...
Hello Traders. In today’s article, we are going to follow up on AbbVie Inc. ($ABBV) forecast that was posted back in July 2023 and take a look at the latest count. $ABBV Daily Elliott Wave View July 2023: Our...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of QQQ ETF , published in members area of the website. As our members know the ETF is...
URA is a Uranium ETF that tracks the performance of companies involved in the uranium industry globally. It provides investors with diversified exposure to uranium mining, exploration, and production companies, offering a convenient way to invest in...
USDJPY has been caught in a tug-of-war between bulls and bears, oscillating within a trading range between 149.52 and 150.88. This sideways movement leaves the near-term direction unclear. Let’s analyze the technicals to understand what could unfold...
USDCHF has displayed a potential trend reversal, breaking above the falling trend line on its 4-hour chart. This move suggests the downside movement from 0.8885 might have concluded at 0.8742, paving the way for a potential upside....
EURUSD has taken a sharp turn lower, breaking below the rising trend line that had been guiding its recent ascent on the 4-hour chart. This raises concerns about a potential trend reversal, but it’s crucial to analyze...
By Elliott Wave International A lot of people think that it’s perfectly normal to participate in the stock market — you know, like getting a drink of water or — breathing. We here at Elliott Wave International...
