By Elliott Wave International Elliott Wave International’s analysts have long noted that periods of low stock market volatility are almost always followed by periods of high volatility. Granted, periods of low volatility can stretch for a while,...
USDCAD extended its downside movement from 1.3715 (Jun 26 high) to as low as 1.3132. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to...
USDJPY is now in the downtrend from 107.05, the bounce from 105.10 is likely corrective consolidation for the downtrend. Further decline would likely be seen in the coming days and next target would be at 105.00 area....
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6776 (Jun 15 low). As long as the trend line support holds, the upside movement could be expected to continue...
GBPUSD broke above 1.3185 resistance and extended its upside movement from 1.2251 (Jun 29 low) to as high as 1.3266. Further rise would likely be seen in the coming days and next target would be at 1.3400...
EURUSD extended its upside movement from 1.1168 (Jun 19 low) to as high as 1.1965. Further rise would likely be seen and next target would be at 1.2100 area. Key support is at 1.1695, only a breakdown...
Elliott Wave View of S&P 500 (SPX) suggests the rally from July 25,2020 low has ended at 3399.54 high as wave 3, which is also a new all-time high. Up from July 25 low, wave ((i)) ended...
The Micex Index Long Term Cycles and Bullish Trend The Micex index has trended higher with other world indices since inception. The index remained in a long term bullish trend cycle into the December 2007 highs. It...
In this technical blog, we are going to take a look at the past performance of the 1 hour Elliott wave charts of Nike ticker symbol: $NKE. In which, the rally from July 20, 2020 low ( $8830)...
The Corona Virus has provided some amazing opportunities for certain sectors. Cloud computing is one of those sectors that have vastly outperformed the marketplace since the March 2020 low. Fastly Inc is in the cloud computing business...
