Short term Elliott wave view in GDX ETF suggests the rally from January 14, 2020 low in wave (3) has ended at 31.98 high. The cycle unfolded as a 5 waves impulse Elliott Wave structure. Up from January...
By Elliott Wave International There are a lot of mouths to feed in India — north of 1.3 billion. That means a lot of jobs are required to put food on the table for a lot of...
USDCAD remains in the uptrend from 1.3201. Further rise could be expected after a minor consolidation and next target would be at 1.3350 area. Near term support is at 1.3250, only break below this level could trigger...
USDJPY broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 108.30 had completed at 112.22 already. Further decline could be expected after consolidation and next target would be at 109.50...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.6749. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD extended its upside movement from 1.2848 to as high as 1.3017. Further rise could be expected and next target would be at 1.3100. Support is at the rising trend line on the 4-hour chart, a breakdown...
EURUSD is facing the resistance of the falling price channel on the 4-hour chart. A breakout of the channel resistance would indicate that the downside movement from 1.1239 (Dec 31, 2019 high) had completed at 1.0778 already,...
Short term Elliott wave view in Nikkei (NKD_F) suggests the Index is doing a larger degree pullback to correct the cycle up from August 26, 2019 low in wave IV, which is unfolding as a flat. Wave...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPUSD, published in members area of the website. As our members know GBPUSD has incomplete bearish sequences...
USDCAD broke above 1.3278 resistance, suggesting that the downside movement from 1.3328 had completed at 1.3201 already. Further rise could be expected over the next several days and next target would be at 1.3350 area. Near term...
