Back in October 2019, we mentioned that SEKJPY had reached extreme area down from September 2017 peak and should bounce soon in 3 or 7 swings which should fail for more downside. In this article, we will...
Total SA is traded under tickers $FP @ Euronext and $TOT @ NYSE. It is of particular interest today as the world indices are dropping in a straight down mode. Hereby, Total may provide clues to identify the...
Dow Jones Futures (YM_F) ended the cycle from February 13, 2020 high at 18086 as wave a. Down from February 13 high, wave ((1)) ended at 24675 and wave ((2)) ended at 27075. Wave ((3)) ended at...
EURGBP Technical Analysis March 30/2020 EURGBP : There are clear visible bullish market patterns on the 1 hour chart but traders will still need to wait for more confirmation that a bottom will form and for price...
$FXA Bearish Cycles From The July 2011 High First the FXA ETF fund is the Australian dollar tracking fund that has an inception Date of 06/21/2006. With that said the fund mainly reflects the currency spot price of...
On Friday, Bank of Canada (BOC) made another rate cut for the third time this month. The central bank lowered the interest rate by 50 basis points to 0.25%. This unscheduled rate cut is intended to provide...
Hello fellow traders. Another instrument that we have been trading lately is NIKE stock. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKE, published in members area of...
The weekly technical structure of the Carrefour stock price is a good example of a market correction struggling with the lack of space. Hereby, we observe a situation where the price extends lower in a Elliott Wave...
Bank of England (BOE) decided to leave interest rate unchanged at a record low of 0.1% last week. This allows EURGBP to correct from seven month highs. After reaching the high at 0.95, EURGBP pulled back to...
Short Term Elliott Wave view in Apple (AAPL) suggests that cycle from February 13, 2020 high has ended at 212.6 low as wave w. Internal of wave a unfolded as a double three Elliott Wave structure Down from...
