Elliott Wave Theory: Is Elliott’s Theory enough?

by elliottwave-forecast.com | April 26, 2017 9:19 am
Elliott Wave Theory: Is Elliott’s Theory a system in itself? As many traders know, The Elliott wave Theory is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying...

USDCAD Elliott Wave View: More Upside

by elliottwave-forecast.com | April 26, 2017 7:18 am
Short term Elliott Wave view in USDCAD suggest the decline to 1.322 ended Intermediate wave (X). Revised view suggests that the rally from there is unfolding as a double three Elliott Wave structure where Minute wave ((w)) ended at 1.3525 and Minute...

USD/JPY Forecast April 26, 2017, Technical Analysis

by FX Empire | April 26, 2017 4:58 am
The USD/JPY pair rallied during the day on Tuesday, breaking towards the 111 handle. I think that the market is going to try to reach the 112 level again but there is a lot of noise above....

USD/CAD Forecast April 26, 2017, Technical Analysis

by FX Empire | April 26, 2017 4:57 am
The USD/CAD pair rally during the day on Tuesday, breaking above the 1.36 handle. This is a very bullish sign and now frees this market to reach much higher. If we can break above the top of...

GBP/USD Forecast April 26, 2017, Technical Analysis

by FX Empire | April 26, 2017 4:56 am
The GBP/USD pair initially fell during the day on Tuesday, but found enough support at the 200-exponential moving average again to turn things around and form a positive candle. We continue to consolidate in general, with the...

EUR/USD Forecast April 26, 2017, Technical Analysis

by FX Empire | April 26, 2017 4:55 am
The EUR/USD pair broke out during the day on Tuesday, as we continue to see bullish pressure. I believe the market is probably going to reach towards the 1.10 level above, which is a large, round, psychologically...

AUD/USD Forecast April 26, 2017, Technical Analysis

by FX Empire | April 26, 2017 4:54 am
Commodity currencies got beat severely during the session on Tuesday and of course the Australian dollar was no different. However, we are still consolidating as far as I can see so therefore I don’t have any interest...

EURUSD Countertrend Setup (Apr 26, 2017)

by Kate Curtis | April 26, 2017 4:37 am
EURUSD is moving inside an ascending channel on its 4-hour chart and is currently approaching the resistance at 1.0950 to 1.1000. If this area keeps gains in check, the pair could head back to support at the...

Walmart Stock Extending Higher

by elliottwave-forecast.com | April 25, 2017 2:22 pm
Walmart (NYSE: WMT) is the world’s largest company by revenue as well as the largest private employer in the world with 2.3 million employees. It’s an American multinational retailing corporation that operates as a chain of hypermarkets, discount...

GBPJPY Triangle Breakout (Apr 25, 2017)

by Kate Curtis | April 25, 2017 11:40 am
GBPJPY recently had lower highs and found support at the 137.00 major psychological level, creating a descending triangle pattern. Price just recently broke above the resistance at 139.00, indicating that bulls are taking control of price action....