We believe Alibaba will see more downside based on a sequence which started on 6.5.2018 high. It is showing an extra swing at 12.24.2018. This low can be counted as swing number 9 in Blue or beginning...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of IBEX, published in members area of the website. As our members know, IBEX has made recently incomplete...
The total capitalization of investments in derivatives in swiss franc amounted to $ 17 billion 966 million. The decrease in capitalization was 13%. The superiority of bull positions in monetary terms amounted to $ 9 billion 356...
Being contained by 1.3179 support, USDCAD rebounded from 1.3202. However, the bounce is likely correction for the downtrend from 1.3374, another fall towards 1.3100 could be expected after the correction. Resistance is at 1.3300, only break above...
USDJPY broke below 109.14 support, suggesting that the upside movement from 105.05 had completed at 109.99 already. Further decline could be expected and next target would be at 108.00 area. Resistance is at 109.55, only a break...
AUDUSD is now in the uptrend from 0.7075, the fall from 0.7203 is likely correction for the uptrend. Another rise is possible after the correction and next target would be at 0.7235 resistance. Support levels are at...
GBPUSD stays above the bullish trend line on the 4-hour chart and remains in the uptrend from 1.2396. As long as the trend line support holds, the upside movement could be expected to continue and next target...
EURUSD broke above 1.1425 resistance, suggesting that the downside movement from 1.1570 had completed at 1.1289 already. Further rise could be expected in a couple of days and next target would be at 1.1500 area. Near term...
Starbucks (NASDAQ: SBUX) is American coffeehouse chain and it’s also the 3rd largest fast food restaurant chain by number of locations around the world. The coffee giant boosted sales by the end of the 2018 and its revenue and...
Last Friday Gold managed to break above $1300. The yellow metal has therefore broken above 8 year bearish channel in a weekly closing basis. The break also allows the metal to close back above the ascending trend support...
