GBPUSD moved sideways in a trading range between 1.3053 and 1.3284. As long as 1.3053 support holds, the upside movement from 1.2905 could be expected to resume, and further rise to 1.3400 area is still possible. On...
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.0981. As long as the trend line support holds, the fall from 1.1239 could be treated as consolidation for the...
Russell Futures (RTY_F) decline ended cycle from 12/3 and started pulling back. It dropped in 3 waves to 1659.40 and bounced. The bounced appeared corrective so we called for a double three Elliott wave correction lower which...
Elliott Wave view on Apple (ticker: AAPL) suggests the cycle from June 3, 2019 low remains bullish and the rally is unfolding as an impulsive Elliott Wave structure. On the 1 hour chart below, the rally to...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Bitcoin ticker symbol: $BTCUSD, which we presented to members at elliottwave-forecast.com. In which the rally from December...
USDCAD moved sideways in a trading range between 1.2951 and 1.3007. As long as 1.3007 resistance holds, the downtrend from 1.3327 could be expected to continue and next target would be at 1.2900 area. On the upside,...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 109.68 had completed at 107.77 already. Further rally could be expected in a couple of days and next target would be...
AUDUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 0.7031 could be treated as corrective consolidation for the uptrend from 0.6754,...
GBPUSD broke above 1.3165 resistance, suggesting that the short term downtrend from 1.3284 had completed at 1.3053 already. Another rise towards 1.3400 would likely be seen over the next several days. Support is at 1.3053, only a...
EURUSD failed to break below the bullish trend line on the 4-hour chart and rebounded from 1.1125. Further rise could be expected and next target would be at 1.1239 resistance. Near term support is at 1.1165, below...
