Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....
By Elliott Wave International The months before the 2000 and 2007 stock market peaks saw a measurable rise in news stories that used the phrase “financial bubble.” But instead of selling, many investors kept right on buying....
Elliott Wave View of S&P 500 E-mini Futures (ES) suggests the Index ended the cycle from June 15 low as wave ((3)) at 3587 high. From there, Index has extended lower to correct that cycle. The correction...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of FTSE published in members area of the website. As our members know, FTSE is giving us pull back, correcting...
TecDAX is a stock index which tracks the performance of 30 largest German companies from the technology sector. Even though these enterprises are of a high economic importance, their market capitalization and the book order turnover are...
On September 10/2020 AUDJPY registered a temporary top and started to trend lower. When a market is trending it will make higher highs and higher lows in a bullish trend and lower lows lower highs in a...
Towards the end of August 2020 the GBPNZD pair reversed and has been trending lower since. At EWF we always encourage traders to trade with the trend and not against it. Looking at the 1 Hour chart,...
Volatility has returned — and, most likely, it will only heat up from here. You’re probably wondering what’s next. So, let our friends at Elliott Wave International help. In a few days, they’re starting a rare event called Unprecedented Year, Unprecedented...
No changed in our view, USDCAD remains in the downtrend from 1.4667, the price action from 1.2993 is likely consolidation for the downtrend. Resistance is located at the top of the falling price channel on the daily...
USDJPY is facing 104.18 support, a breakdown below this level could trigger further downside movement towards 103.00. Key resistance is at 107.05, only break above this level could signal completion of the downtrend.
