GBPUSD extended its downside movement from 1.2669 to as low as 1.2479. Further decline is still possible and next target would be at 1.2400 area. Near term resistance is at 1.2600, a break of this level could...
EURUSD extended its upside movement from 1.1184 to as high as 1.1423. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
Elliott Wave View in S&P 500 E-mini Futures (ES_F) suggests the rally from 6.15.2020 low has ended at 3226.25 high as wave (1). Up from 6.15.2020 low, wave 1 ended at 3156.25 high and wave 2 dips ended...
S&P/TSX Composite is a Canadian stock market index representing roughly 70% of the market capitalization on the Toronto Stock Exchange. Under the ticker $TSX, one can track the market value of 250 most important companies. From 2009 to...
Kospi Cycles Longer Term Swing Count Remains Bullish The KOSPI Index in the long term has been trending higher with other world indices since inception in 1983. The index began with a base value set at 100 and...
In this blog, we are going to take a look at the Elliott Wave chart of EURGBP. The 1 hour NY Midday chart update from July 6 shows that the pair has ended the cycle from April...
USDCAD is now in the uptrend from 1.3490. Further rally would likely be seen and next target would be at 1.3800 area. Key support is at 1.3485, a breakdown below this level could trigger another downside movement...
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 106.64 could be treated as consolidation for the downtrend from 108.16, further...
AUDUSD continued its sideways movement in a trading range between 0.6921 and 0.7000. The price action in the range is likely consolidation for the uptrend from 0.6832, and further rise to 0.7050 area is possible after the...
GBPUSD broke below the bottom of the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2251 had completed at 1.2669 already. Further decline would likely be seen and next target would be...
