AUDUSD Short term Elliott Wave analysis suggests decline to 0.7731 ended Primary wave ((W)) on 10/6 low. Bounce in Primary wave ((X)) is proposed to be unfolding as a double three Elliott Wave structure. Intermediate wave (W) of ((X)) ended at...
On November 2016, CVR Energy (NYSE: CVI) made an important low to end a daily correction from 2013 peak, up from there the stock either started a new bullish cycle to take it toward new all time highs or it’s just doing...
AUDUSD Short Term Elliott Wave view suggests that the rally from 8/15 low is unfolding as a double three Elliott Wave structure. Up from 8/15 low, Minute wave ((w)) ended at 0.79957 and Minute wave ((x)) ended at 0.7868. Minute...
AUDUSD Short Term Elliott Wave view suggests that the rally from 8/15 low is unfolding as a double three Elliott Wave structure. Up from 8/15 low, Minute wave ((w)) ended at 0.79957 and Minute wave ((x)) ended at 0.7868. Minute...
Bank of Canada will have a meeting on July 12 to decide the interest rate. USDCAD has declined due to recent comments made by top Bank of Canada officials which seem to suggest that interest rates could be...
The development of computer technology and the Internet is perhaps the most important progress that shape and characterize the 21st century. The proliferation of computer-based and algorithmic trading breed a new category of traders who trade purely...
USDCHF has sold off recently but it could find strong support at a long-term range bottom around the .9500-.9550 levels. A bounce off this area could lead to a move back to the resistance at 1.0400 or...
NZDJPY could be in for a long-term climb as it broke past the neckline of its double bottom pattern on the daily time frame. Price was unable to break below the 75.00-75.50 area in its last two...
Trading price channels are a valuable tool for traders to identify and capitalize on price movements within a specific range. Price channels are formed when an asset’s price moves between two parallel trend lines, creating opportunities for...
When it comes to trading, one common piece of advice from instructors is to trade in the direction of the trend on the daily chart. This means buying when the trend is up and selling when the...