Ethereum is an open-source blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also...
Short Term EURJPY Elliott Wave view suggests the rally from 4/16 low is unfolding as a double three Elliott Wave structure. Up from 4/16 (114.8) low, Intermediate wave (W) ended at 125.81 and Intermediate wave (X) ended at 122.53. A...
EURUSD might be forming a double bottom pattern on its weekly chart. The first bottom is at the March 2015 low of 1.0462, the second bottom is at the January 2017 low of 1.0340, and the neckline...
The USD/JPY pair had a very positive session on Thursday, especially considering that we were heading into a jobs announcement, something that typically moves this market quite violently. Because of this, I believe that the market wants...
The USD/CAD pair had a volatile and choppy session on Thursday, as we continue to trade just below the 1.35 handle. The one thing that I would point out is that we recently have seen a little...
The GBP/USD pair initially fell rather stringently during the session on Thursday, but found enough support near the 1.2825 level to bounce and reach towards the 1.29 handle. That’s an area that should cause quite a bit...
The EUR/USD pair spent most of the day falling on Thursday, but found enough support at the 1.12 level to turn around and bounce. It looks as if the market is well supported just below that area,...
The AUD/USD pair had a very negative session on Thursday, as we sliced through the 0.74 level, but then bounced enough to go towards the 0.7420 level. At that area, the market then fell significantly and broke...
GBPJPY has been trending lower on its 1-hour chart, moving inside a descending channel formation. Price is currently testing the resistance and could be due for a move back to support around 140.50. The 100 SMA is...
“That time still lies ahead, but it is coming.” – Robert Prechter says on the first page of his Elliott Wave Theorist. The major market Bob refers to could be the opportunity of a lifetime. And the...
