By Elliott Wave International Recently in these pages, we noted that bull markets in stocks tend to end with “a subtly slowing ascent” rather than with a final “spike” higher, as many investors believe. Historical examples were...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Natural Gas ( $NG_F) published in members area of the Elliottwave-Forecast . As our members know, Natural Gas...
AUDUSD 45 minutes chart below shows that pair has ended cycle from July 9 high as wave 2 at 0.6918 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 9 high, wave ((a)) ended...
USDCAD failed to break below 1.3485 support and stayed in a trading range between 1.3490 and 1.3645. A breakdown below 1.3485 support could take the price to 1.3300 area. Resistance is at 1.3645, above this level could...
USDJPY is facing 107.43 resistance, a breakout of this level would indicate that the downside movement from 108.16 had completed at 106.64 already, then another rise towards 108.50 could be seen. However, as long as 107.43 resistance...
AUDUSD remains in the uptrend from 0.6832, the pullback from 0.7037 is likely consolidation for the uptrend. As long as 0.6921 support holds, the upside movement could be expected to continue and next target would be at...
GBPUSD moved sideways in a trading range between 1.2479 and 1.2669. As long as 1.2479 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2251, and further rise towards 1.2800 is possible...
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1184. As long as the trend line support holds, the pullback from 1.1452 could be treated as consolidation for the...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of GDX, which we presented to members. In which, the rally from 05 June 2020 lows, showed the higher highs...
Light Crude Oil 45 minutes chart below shows that the commodity has ended cycle from July 6 high as wave 2 at 38.56 low. The pullback unfolded as a flat Elliott Wave Structure. From July 6 high,...
