GBPUSD is facing 1.3169 resistance. A breakout of this level could trigger further upside movement to 1.3300 area. Near term support is at 1.3050, a breakdown below this level could bring the price back into 1.2850 zone.
EURUSD is facing 1.1908 resistance. A break of this level could signal resumption of the uptrend from 1.1168, then next target would be at 1.2000 area. Key support level is at 1.1695, only a breakdown below this...
In this technical blog, we will look at the past performance of 1 hour Elliott Wave Charts of NASDAQ index, which we presented to members at elliottwave-forecast. In which, the rally from March 22 March 2020 low unfolded...
Hello fellow traders. Another instrument that we have been trading lately is SILVER ( $XAGUSD ) . In this technical blog we’re going to take a quick look at the Elliott Wave charts of SILVER, published in...
EURJPY 45 Minutes chart below shows that the pair has ended the cycle from July 22 high in wave ((iv)) at 122.81 low. Up from wave ((iv)) low, the pair extended higher in wave (i), which ended...
Company Profile. NIO Inc. is a pioneer in China’s premium electric vehicle market. We design, jointly manufacture, and sell smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Nio...
$NEM The Longer Term Bullish Cycles of Newmont Corporation Firstly from the beginning of price data from back in the 1970’s not shown on the chart, the price trend was obviously up. It ended that bullish cycle...
The Euro Dollar has continued to slide since topping out on July 2008 at 1.6038. However, sentiment on the euro has recently improved after European Union leaders agreed to massive stimulus plan to counter the corona virus....
By Elliott Wave International Many of you know that Ralph Nelson Elliott discovered the method of forecasting the markets that today we call Elliott wave analysis — or, more formally, the Elliott Wave Principle. R.N. Elliott lived...
USDCAD broke below 1.3330 support and extended its downside movement from 1.3715 to as low as 1.3282. Further decline could be expected in the coming days and next target would be at 1.3200 aera. Near term resistance...
