By Elliott Wave International As the winter holidays draw near, many of us will fall victim to the affliction we call “S.N.O.M.O.” — the Sudden Need of More Objects (to own, play with… and eventually, store in...
USDCAD extended its downside movement from 1.3327 to as low as 1.3102. Further decline is still possible after consolidation and next target would be at 1.3050 area. Key resistance is at 1.3204, only break above this level...
USDJPY continued its sideways movement in a trading range between 109.20 and 109.70. Further rise is still possible and next target would be at the top of the price channel on the 4-hour chart. Support is at...
AUDUSD failed to break below the support of the rising trend line on the 4-hour chart and rebounded from 0.6838. Further rally could be expected in the coming days and next target would be at 0.6920 area....
GBPUSD is facing 1.3049 support, a breakdown below this level would indicate that the upside movement from 1.2768 had completed at 1.3514 already, then the pair would find support at around 1.2850. Near term resistance is at...
EURUSD broke below the rising price channel on the 4-hour chart and is now facing 1.1103 support. A breakdown below this level would confirm that the upside movement from 1.0981 had completed at 1.1199 already, then the...
In this technical blog, we are going to take a look at the past performance of 1-hour Elliott Wave Charts of Dow Jones Futures ($YM_F), which we presented to members at elliottwave-forecast.com. In which, the cycle from 12/26/2018 low...
Elliott Wave view in DAX suggests that Index shows an incomplete bullish sequence from December 27, 2018 low favoring more upside. On the 1 hour chart below, we can see the rally to 13374.27 ended wave 3...
USDCAD remains in the downtrend from 1.3327, the bounce from 1.3114 is likely consolidation for the downtrend. As long as 1.3204 resistance holds, the downtrend could be expected to resume, further decline towards 1.3050 is possible after...
USDJPY moved sideways in a narrow range between 109.20 and 109.70. As long as 109.20 support holds, the sideways movement could be treated as consolidation for the short term uptrend from 108.42, further rise to the top...
