The Longer Term Bullish Cycles of the $CAC40 Firstly the CAC 40 index has been trending higher with other world indices where in September 2000 it put in an all time high. From there it followed the...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of CHFJPY , published in members area of the website. As our members know, we’ve been calling rally...
USDCAD’s downside movement from 1.3715 extended to as low as 1.3337. Further decline would likely be seen and next target would be at 1.3200 area. Near term resistance is at 1.3444, above this level could bring the...
USDJPY’s downside movement from 108.16 extended to as low as 105.11. Deeper decline is still possible and next target would be at 104.50 area. Near term resistance is at 105.50, a break of this level could bring...
AUDUSD is facing 0.7182 resistance, a break of this level could signal resumption of the uptrend from 0.6776, then next target would be at 0.7300 area. Near term support is at 0.7063, a breakdown below this level...
GBPUSD extended its upside movement from 1.2251 to as high as 1.2902, breaking above 1.2812 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.3000 area. Near term support is...
EURUSD continued its upside movement from 1.1184 and the rise extended to as high as 1.1781. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected...
The BEL20 Index Longer Term Swings and Cycles Firstly the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle into the May 2007...
Glencore plc is a British commodity trading and mining company. Marc Rich has founded the company 1974 which has its headquarters in Baar, Switzerland. Traded under tickers $GLEN at LSE and $GLNCY in US in form of...
USDCAD extended its downside movement from 1.3715 to as low as 1.3350. Deeper decline to test 1.3314 support could be expected, a breakdown below this level could trigger further downside movement towards 1.3200. Near term resistance is...
