In this technical blog, we are going to take a look at the past performance of GE 1-Hour Elliott wave Charts. That we presented to our members. In which, the decline from the 3/26/2020 peak is taking...
As a larger context, the rally in Russell 2000 (RTY) from 3.19.2020 low took the form of an impulsive structure. Up from there, wave (1) ended at 1180.3 and wave (2) pullback ended at 1029.7. Index then...
By Elliott Wave International The Wave Principle’s basic pattern includes five waves in the direction of the larger trend, followed by three corrective waves. In a bull market, the pattern is five up, followed by three down....
USDCAD extended its upside movement from 1.3899 to as high as 1.4114. Further rise is still possible and next target would be at falling trend line on the 4-hour chart. Near term support is at 1.4000, only...
USDJPY’s fall from 107.76 extended to as low as 106.74. Deeper decline is still possible and next target would be at 106.50 area. Near term resistance is at 107.20, a break of this level could trigger another...
AUDUSD moved sideways in a trading range between 0.6372 and 0.6569. The price action in the range is likely consolidation for the uptrend from 0.5507 (Mar 19 low). As long as the price is in the rising...
GBPUSD extended its downside movement from 1.2642 to as low as 1.2209. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would be at 1.2100 area. Only...
EURUSD stays above a rising price channel on the 4-hour chart and remains in the uptrend from 1.0766. As long as the channel support holds, the upside movement could be expected to continue and next target would...
In this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). The 4 hour chart update from 20 April shows that cycle from May 11, 2019 high ended at...
Retail investors may return to Bitcoin again after the digital currency completed the one-in-four year adjustment called halving. Halving provides less rewards to miners who run high-powered computers to solve complex mathematical puzzles in order to generate...