EURUSD extended its upside movement from 1.0981 to as high as 1.1144, breaking above 1.1116 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.1170, followed by 1.1250. Support is...
PepsiCo (NASDAQ: PEP) is an American multinational food, snack, and beverage corporation offering food (brands include Frito-Lay and Quaker) and drinks, including Pepsi, Tropicana, and Gatorade. PEP rally since May 2018 is unfolding as an impulsive Elliott Wave structure which currently can...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of XLV, which we presented to members at elliottwave-forecast.com. In which, the rally from December 2018 lows & October 2019 lows,...
Pound Sterling remains strong as the U.K. will go to poll this coming Thursday December 12. The general election normally should be held every five years. However, this election will be the third time since 2015 as...
Short-term Elliott Wave view in Copper (HG_F) suggests that the metal is rallying as a 5 waves Elliott wave impulsive structure from November 15, 2019 low. Up from there, wave ((i)) ended at 2.69, and wave ((ii) pullback ended...
USDCAD is now in the downtrend from 1.3269, further decline would likely be seen in the coming days and next target would be at 1.3190 area. Resistance is at 1.3269, a breakout of this level could trigger...
USDJPY moved sideways in a trading range between 108.42 and 109.00. Support is at the bottom of the price channel on the 4-hour chart, a breakdown below the channel support could take the price to 107.50 area....
AUDUSD broke below 0.6812 support, suggesting that the upside movement from 0.6754 had completed at 0.6861 already. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be...
GBPUSD extended its upside movement from 1.2822 to as high as 1.3214. Further rise is still possible after consolidation and next target would be at 1.3250 area. Support is located at the bottom of the price channel...
EURUSD’s bounce from 1.1039 extended to as high as 1.1097. Further rise to test 1.1116 resistance is possible, a break of this level could take the price to 1.1160 area. Support is at 1.1039, below this level...
