GBPUSD is facing 1.2260 support, a breakdown below this level could trigger another downside movement towards 1.2000. On the upside, as long as 1.2260 support holds, the fall from 1.2413 could be treated as consolidation for the...
EURUSD moved sideways in a trading range between 1.0957 and 1.1000. As long as 1.0957 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.0879, further rise to 1.1050...
In today’s blog, we will have a look at the Seabridge Gold stock. The stock is listed in the SP 500. Seabridge Gold is a Canadian resource gold mining company headquartered in Toronto Ontario Canada. It was founded in...
Elliott Wave view on Gold suggests the rally from August 2018 low last year remains in progress as a 5 waves impulse Elliott Wave structure. On the 1 hour chart below, we can see wave ((4)) of this...
The Elliott Wave Theory is famous for the 5 waves advance and 3 waves declined, as we are showing in the following chart: As we can see, there are 5 waves up, which each one comes with...
USO United States Oil Fund Longer Term Cycles & Elliott Wave Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...
Xilinx (NASDAQ: XLNX) is an American technology company that is primarily a supplier of programmable logic devices. It designs, develops and markets complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions, customer training, field...
USDCAD remains in the uptrend from 1.3205, the pullback from 1.3347 is likely consolidation for the uptrend. Further rise could be expected after the consolidation and next target would be at 1.3400 area. Near term support is...
USDJPY remains in the downtrend from 108.47, the bounce from 106.48 is likely consolidation for the downtrend. As long as 107.30 resistance holds, the downside movement could be expected to continue and next target would be at...
AUDUSD is now in the uptrend from 0.6670, further rally could be expected after a minor consolidation and next target would be at 0.6800 area. Near term support is at 0.6740, below this level could bring the...
