GBPUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2661. As long as the trend line support holds, the upside movement could be expected to continue and next target...
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.1301 had completed at 1.1733 already. Deeper decline is still possible and next target would be at 1.1550 area. Near...
In the recent 3 years, Walt Disney stock price (NYSE: DIS) hovered between $120 and $90 without any real trending momentum. Last year, we looked for a potential break to new all time highs in Disney based on few...
NZDUSD short-term elliott wave analysis suggests that the decline to 0.6543 low ended Minor wave 1. The internals of that decline unfolded as impulse structure with lesser degree Minute wave ((i)), ((iii)) & ((v)) unfolded in 5 waves structure. Above from...
By Elliott Wave International Here’s a cool parlor trick: If you want to bring a loud, rowdy room to a screeching silence, ask if anyone can explain how cryptocurrencies work. Cue crickets chirping. Turns out, the “crypto”...
USDCAD remains in the downtrend from 1.3174, the bounce from 1.2887 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2800 area. Resistance is...
USDJPY extended its upside movement from 109.77 to as high as 111.82. Near term support is at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the uptrend could be...
AUDUSD failed to break above 0.7381 resistance and pulled back to 0.7275. Lengthier sideways movement in a trading range between 0.7202 and 0.7381 could be expected in the coming days.
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3362 had completed at 1.2661 already. The pair is now in uptrend, further rise could be expected and next target...
EURUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1301. As long as the trend line support holds, the fall from 1.1733 could be treated as consolidation of the...
