EURUSD extended its downside movement from 1.1095 to as low as 1.0891. Further decline is still possible after a minor consolidation and next target would be at 1.0850 area. Near term resistance is at 1.0940, a breakout...
CVR Energy (NYSE:CVI) lost almost 40% of it’s value since July of last year, as the stock started correcting the impulsive 5 waves advance from 2016 low. The correction taking place is unfolding as 3 waves Zigzag...
$GBPCHF FX Pair Long Term Cycles & Swings Firstly as seen on the monthly chart below there is data back to the early 1970’s readily available in the pair. It obviously had a central bank intervention during...
Amazon (ticker symbol: AMZN) broke above July 11, 2019 high (2035.8) a few weeks ago after reporting strong earnings. The stock now shows an incomplete bullish sequence from December 24, 2018 low favoring further upside. In the...
In this article, we will look at the Elliott Wave technical path for Intel (ticker: INTC). Most world indices is still trading within the 2009 cycle and should see more upside until the cycle ends. The 2009...
USDCAD’s upside movement from 1.2951 extended to as high as 1.3328. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
USDJPY moved sideways in a trading range between 109.53 and 110.02. As long as 109.53 support holds, the price action in the trading range could be treated as consolidation for the uptrend, further rise to 110.50 area...
AUDUSD is facing 0.6710 resistance, a break of this level could trigger another rise towards 0.6760. On the downside, as long as 0.6710 resistance holds, the downtrend from 0.7031 could be expected to continue and next target...
GBPUSD’s downside movement from 1.3209 extended to as low as 1.2871. Further decline would likely be seen after a minor consolidation and next target would be at 1.2800 area. Near term resistance is at 1.2960, a break...
EURUSD continued its downside movement from 1.1095 and the fall extended to as low as 1.0907. Further decline is still possible after a minor consolidation and next target would be at 1.0850 area. Near term resistance is...
