GBPUSD stays below a falling trend line on the 4-hour chart and remains in the short term downtrend from 1.2975. As long as the trend line resistance holds, the downside movement could be expected to continue, further...
EURUSD remains in the downtrend from 1.1175, further decline would likely be seen and next target would be at 1.1000 area. Near term resistance is at 1.1092, a break of this level could bring the price back...
AUDCAD Technical Analysis November 3/2019 AUDCAD : There are clear visible bullish market patterns on the weekly chart but traders will still need to wait for more confirmation that a bottom will form. AUDCAD still needs to...
Elliott Wave View on Dow Jones Future (YM_F) suggests the rally from October 3 low is unfolding as a 5 waves impulsive Elliott Wave. On the 1 hour chart below, we can see wave ((iii)) of this...
Elliott Wave View on Russell (RTY_F) suggests the rally from October 3, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from Oct 3 low, wave ((i)) ended at 1510.7 and pullback in...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of CORN ( $ZC_F) published in members area of the elliottwave-forecast.com . As our members know, CORN ended cycle from the 352’3...
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3207. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDJPY is facing 109.28 resistance, a break of this level could trigger further upside movement towards 109.50. Near term support is at 108.90, below this level would indicate that the upside movement from 107.88 is complete, then...
AUDUSD is in consolidation for the uptrend from 0.6670. Range trading between 0.6840 and 0.6929 would likely be seen in a couple of days. As long as 0.6840 support holds, the uptrend could be expected to resume,...
GBPUSD moved sideways in a trading range between 1.2788 and 1.3012. As long as 1.2788 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2195, further rise to 1.3100...
