AUDUSD remains in the uptrend from 0.5507, the pullback from 0.7413 is likely consolidation for the uptrend. As long as the price is in the rising price channel on the daily chart, the upside movement could be...
GBPUSD is facing the support of the rising price channel on the daily chart. As long as the channel support holds, the upside movement from 1.1409 could be expected to resume, and further rise to 1.3800 area...
EURUSD broke below the rising trend line on the daily chart and continued its sideways movement in a trading range between 1.1695 and 1.2010. As long as 1.1695 key support holds, the sideways movement could be treated...
Cloud computing is one of the sectors that have vastly outperformed the marketplace since the March 2020 low. NetEase Inc is in the cloud computing business, focused on community, communications, commerce and video games. Lets take a...
Elliott Wave View of Oil (CL) suggests the cycle from August 26 high has ended as wave II. The correction unfolded as double three Elliott Wave Structure. Down from August 26 high, wave ((W)) ended at 40.22 low....
One silver lining of the global pandemic is that many of us are taking time to learn something new — or to sharpen our skills. Our friends at Elliott Wave International decided early on that they wanted...
By Elliott Wave International You’ve probably heard the phrase, “leading economic indicators.” In the U.S., they refer to a core set of data points, including the Consumer Price Index, the Producer Price Index, employment, manufacturing activity, housing...
In this blog, we are going to take a look at the Elliott Wave chart of Palladium (PA_F). The 1 hour NY Midday chart update from September 3 shows that wheat has ended the cycle from August...
Many World Indices, Stocks and ETFs have been rallying since the March 2020 lows. As we always say at EWF: “Nothing lasts forever nor runs in a straight line – when it comes to the market”. In...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of NZDJPY, published in members area of the website. As our members know, NZDJPY has recently given us 3 waves pull...