Hello fellow traders. I want to share with you some Elliott Wave charts of EURGBP which we presented to our members at Elliott Wave Forecast. You see the 4-hour updated chart presented to our clients on the 01/26/19 below EURGBP unfolded as an...
Cash investments of the “owners of the markets” in derivatives for gold of the CME Group exchange amounted to $ 181 billion 609 million. Capitalization of investments increased by less than 1%. The net advantage of bullish...
USDCAD broke below 1.3230 support, suggesting that the upside movement from 1.3068 had completed at 1.3329 already. Further decline could be expected and next target would be at 1.3100 area. Near term resistance is at 1.3240, above...
USDJPY extended its upside movement from 108.49 to as high as 110.70. Further rise could be expected in a couple of days and next target would be at 111.50 area. Near term support is at 110.30, only...
AUDUSD broke above 0.7120 resistance, suggesting that the downside movement from 0.7295 had completed at 0.7054 already. Further rally could be expected in the coming days and next target would be at 0.7180 area. Support is at...
GBPUSD is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2832 could be treated as consolidation for the downtrend from 1.3217, further decline towards...
EURUSD rebounded strongly from 1.1257, suggesting that the downside movement from 1.1514 had completed. Further rally is still possible and next target would be at 1.1360, followed by 1.1400. Near term support is at 1.1300, below this...
GBPUSD short-term Elliott wave view suggests that the rally to 1.322 on Jan 26, 2019 ended wave ((X)). Decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 1.322, wave (i) ended...
$IBM Long Term Bullish Trend and Elliott Wave Cycles Firstly I would like to mention Big Blue has been around for over 100 years since it was founded. I have price data that goes back to the...
Recall in our previous article we said U.S. Indices, specifically S&P 500 E-Mini Futures (ES_F), likely won’t break last year’s high yet. From the technical side, the chart below shows why the current level around 2700 presents a...
