GBPUSD extended its upside movement from 1.2073 to as high as 1.2362, breaking above 1.2296 resistance. Further rally could be expected and next target would be at 1.2450 area. Near term support is at 1.2290, a breakdown...
EURUSD broke above 1.0930 resistance, suggesting that the downside movement from 1.1008 had completed at 1.0870 already. Another rise to test 1.1018 resistance could be expected, a breakout of this level could take the price to 1.1100...
Short term Elliott Wave chart of Apple (ticker: AAPL) below suggests that the pullback to 299.78 ended wave (4). The stock has resumed higher in wave (5) which is unfolding as an impulsive Elliott Waves structure. Up from...
USDCAD is facing 1.3950 support, a breakdown below this level could trigger another fall to test 1.3849 support. However, as long as 1.3950 support holds, the pullback from 1.4048 could be treated as consolidation for the uptrend...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 105.98. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD remains in the uptrend from 0.6401, the pullback from 0.6615 is likely consolidation for the uptrend. Further rise could be expected and next target would be at 0.6700 area. Support is at 0.6500, only break below...
No changed in our view, GBPUSD remains in the uptrend from 1.2073, the pullback from 1.2296 could be treated as consolidation for the uptrend. Another rise could be expected and next target would be at 1.2450 area....
EURUSD extended its downside movement from 1.1008 to as low as 1.0870. Further decline is still possible in a couple of days and next target would be at 1.0800 area. Near term resistance is at 1.0930, a...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DAX . As our members know DAX has recently given us pull back against the March 8239.5...
Chipotle Mexican Grill (NYSE: CMG) has been able to adapt within the current pandemic situation by adjusting its operations to handle digital orders and and made deliveries. Last week , the stock hit a record high, going over $1,000...
