Elliott Wave view in Ten Year Notes (ZN_F) suggests that it has a bullish sequence from October 2018 low, favoring more upside. Near term, rally to 140.24 ended wave I and pullback to 133.2 ended wave II....
European Union Carbon prices occupy the brains of public in Europe since many years. Under EU guidelines, participating organizations have to purchase the emission allowances from others or they can sell their leftovers. This has to occur,...
USDCAD moved sideways in a trading range between 1.4148 and 1.4667. The price action in the range is likely consolidation of the uptrend from 1.3201, and further rise towards 1.4800 could be expected after the consolidation. Only...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD is facing 0.5985 resistance, a break of this level could signal resumption of the uptrend from 0.5507, then further rise towards 0.6200 could be seen. Near term support is at 0.5650, only break below this level...
GBPUSD moved sideways in a trading range between 1.1409 and 1.1933. The price action is likely consolidation for the downtrend from 1.3199. Key resistance is at 1.2250, only break above this level could signal completion of the...
EURUSD is facing 1.0831 resistance, a break of this level could trigger further upside movement towards the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.0635 could...
In this blog, we are going to take a look at the Elliottwave chart of USDNOK. The chart from March 13 London update shows that the cycle from March 9, 2020 low unfolded as 5 waves impulsive...
Hello fellow traders. USDX is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDX, published in members area of...
U.S Dollar demand is so high as a result of the corona virus pandemic that now there’s a squeeze in the credit market. The dollar soared this week as investors liquidated positions across a broad range of...
