GBPUSD Daily Analysis – March 6, 2020
GBPUSD broke above the falling price channel on the 4-hour chart. Further rally would likely be seen in a couple days and next target would be at 1.3050 area. Near term support is at 1.2895, a breakdown...
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EURUSD Daily Analysis – March 6, 2020
EURUSD extended its upside movement from 1.0778 to as high as 1.1244, breaking above 1.1213 resistance. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected...
Domino’s Pizza (NYSE: DPZ) Started a New Bullish Cycle
Domino’s Pizza (NYSE: DPZ) is an American multinational pizza restaurant chain. Last month, it reported a strong fourth-quarter revenue and earnings per share and also it surprised investors by posting accelerating sales growth at the close of fiscal...
USDCAD Daily Analysis – March 5, 2020
USDCAD broke above 1.3395 resistance, suggesting that the uptrend from 1.3201 has resumed. Further rise would likely be seen and next target would be at 1.3463 resistance, a break of this level would aim 1.3500 zone. Support...
USDJPY Daily Analysis – March 5, 2020
USDJPY stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 112.22. As long as the trend line resistance holds, the bounce from 106.84 could be treated as consolidation for the...
AUDUSD Daily Analysis – March 5, 2020
AUDUSD remains in the uptrend from 0.6433, further rise would likely be seen after a minor consolidation and next target would be at 0.6700 area. Near term support is at 0.6575, a breakdown below this level could...
GBPUSD Daily Analysis – March 5, 2020
GBPUSD extended its upside movement from 1.2725 to as high as 1.2874. Further rise would likely be seen and the target would be at the top of the falling price channel on the 4-hour chart. On the...
EURUSD Daily Analysis – March 5, 2020
EURUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1213 could be treated as consolidation for the uptrend from 1.0778, and...
Elliott Wave View: Palladium 7 swing Correction In Progress
Short term view suggests the rally in Palladium to 2814.25 ended wave (3). The wave (4) decline in Palladium is currently in progress to correct cycle from May 13, 2019 low before the rally resumes. Internal of...
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The Fed has cut rates, but stocks barely noticed. And you may be getting particularly worried right now. Our friends at Elliott Wave International would like to help — free. Their research shows that — contrary to...