Most World Indices spend time trading sideways in 2018. There are some exceptions such as FTSE from the U.K. and Russel from the U.S. which have been able to make a new high. Several factors however could...
USDJPY Short-term Elliott Wave view suggests that the rally to 111.40 on May 21 ended intermediate wave (A) as a Diagonal structure coming from March 26 low (104.52) cycle. Pair is currently correcting cycle from 3/26 low within Intermediate wave (B)....
USDCAD stays in a rising price channel on its 4-hour chart and remains in the uptrend from 1.2728. Further rise could be expected over the next several days and next target would be at 1.3100 area. The...
USDJPY broke above the top trend line of the price channel on its 4-hour chart, suggesting that corrective consolidation for the downtrend from 111.39 is underway. Range trading between 108.11 and 110.00 could be expected in a...
AUDUSD is now facing 0.7605 resistance. A breakout of this level could take the price to 0.7650 area. Above here would aim 0.7700 area. Key support is now at 0.7476, only a breakdown below this level could...
GBPUSD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 1.3617 had completed at 1.3204 already. Further rally would likely be seen and the target would...
EURUSD broke above the falling price channel on its 4-hour chart, suggesting that the downside movement from 1.1996 had completed at 1.1510 already. Further rally would likely be seen and next target would be at 1.1800 area....
The Bollinger Bands have been widely used in financial trading for a long time. These bands are extensively used because they have the capability to give data for various situations and markets. The bands were commonly used...
World Uranium Index (URAXPD) and Uranium Futures contract tracking the spot price of the metal which ended the downtrend cycle from 2007 peak and been bouncing higher since 2016 lows. The two instrument may have different dates for the peak or...
Russell (TF_F) index short-term Elliott Wave view suggests that the rally from April 02.2018 low (1482.6) is taking a form of an Elliott wave leading diagonal structure within Intermediate wave (1) higher. Leading diagonal structure usually appears as the sub-division of...
