S&P500 Mini Futures ticker symbol: $ES_F short-term Elliott wave view suggests that the decline to $2803.34 low ended Minor wave 4 pullback. The internals of that pullback unfolded as Elliott wave zigzag correction. The lesser degree Minute...
NASDAQ ticker symbol: $NQ_F short-term Elliott wave analysis suggests that the rally from 7/30 low ($7167.75) to $7505.25 high ended Intermediate wave (1). The internals of lesser degree cycles within Intermediate wave (1) unfolded as 5 waves impulse...
USDCAD extended its downside movement from 1.3174 to as low as 1.2949, breaking below 1.2961 support. Further decline could be expected after a minor consolidation and next target would be at 1.2800 area. Resistance is at 1.3030,...
USDJPY remains in the uptrend from 109.77, the fall from 111.48 is likely consolidation for the uptrend. Further rise is still possible after the consolidation and next target would be at 112.50 area. Support is at 110.80,...
AUDUSD is facing 0.7381 resistance, a break of this level could trigger further bullish move to 0.7450 area. Near term support is at 0.7290, only a breakdown below this level could bring the price back towards 0.7202...
GBPUSD is facing the resistance of the falling trend line on the 4-hour chart once again. A breakthrough the trend line resistance would indicate that the downside movement from 1.3362 had completed at 1.2661 already, then the...
EURUSD extended its upside movement from 1.1301 to as high as 1.1693. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
USDCAD is facing 1.2986 support, a breakdown below this level could trigger another fall towards 1.2800. Resistance levels are at 1.3055 and 1.3103, only break above these levels could take the price to 1.3200 area.
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 112.15 had completed at 109.77 already. Further rally is still possible in a couple of days and next target would...
AUDUSD failed to break below 0.7202 support and rebounded strongly from 0.7237. Further rally to test 0.7381 resistance is possible in the coming days, a break of this level could trigger further bullish move to 0.7450 area....
