Hello fellow traders. Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the...
EURUSD short term Elliott Wave view suggests the decline from 1.6.2020 high is unfolding as a double three Elliott Wave structure. Down from January 6 high, wave ((w)) ended at 1.1132 and bounce in wave ((x)) ended...
ConocoPhillips (NYSE: COP) is an American multinational energy corporation that was created through the merger of American oil companies Conoco and Phillips Petroleum Company on August 30, 2002. Since February 2016, COP rallied higher within an impulsive 5 waves...
A few months ago, we were expecting Microsoft to trade into the $157.00-$172.00 area. We observed a very technical impulse from all-time lows where wave (III) is ending. We explained the whole idea in the following blog Microsoft...
NZDUSD short term Elliott Wave view suggests the decline from 12.31.2019 is unfolding as a zigzag Elliott Wave structure. Down from 12.31.2019 high (0.6755), wave 1 ended at 0.6717, and wave 2 bounce ended at 0.6739. Pair...
In today’s article, we’ll be taking a look at the current Elliott Wave Structure for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to...
Russell 2000 (RTY_F) shows a 5 waves impulse Elliott Wave structure from August 26, 2019 low. In the 45 minutes chart below, we can see wave (4) of the impulse structure ended at 1627.3. The Index has resumed...
Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as Germany, Ireland, Italy, Japan, Malaysia, Singapore, South...
With the official signing of Phase 1 trade deal between US and China today, we may have seen the worst in Soybean’s market at least in the short term. This of course assumes that China can commit...
Elliott Wave view on Nasdaq (NQ_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 45 minutes chart below, wave (3) of the impulse structure ended at...
