USD/JPY has broken above the falling trend line on the 4-hour chart, signaling that the downtrend from 149.36 has likely ended at 143.44. What to Expect Next? Conclusion USD/JPY has shifted back into an uptrend after breaking...
By Elliott Wave International Recession coming or not, people are still EXTREMELY bullish. Read this excerpt from the May 17, 2024 Elliott Wave Theorist: Record Sentiment Readings for Stocks Investors are enamored with stocks that pay little or...
EUR/USD has extended its decline from 1.1201, dropping to a low of 1.1055. What’s Next? Conclusion EUR/USD remains under pressure with further downside possible if it breaks below key support at 1.1055. Traders should watch for potential...
Short Term Elliott Wave in $NVDA suggests that pullback to 90.7 ended wave IV. The stock has turned higher in wave V with internal subdivision as a 5 waves impulse. Up from wave IV, wave (1) ended...
Since its stock became available for trading, FTNT has continued to make profits for its investors. Similarly, speculators have been able to find positions from pullbacks as the stock has maintained a bullish sequence since 2009. This...
EUR/USD has broken below the rising price channel on the 4-hour chart and is now approaching the key support level at 1.1097. What’s Next? Conclusion EUR/USD has dipped below its rising price channel, but the uptrend may...
Short Term Elliott Wave in $IBEX suggests decline to 10307.61 ended wave ((4)). The Index has turned higher in wave ((5)) but it still needs to break above wave ((3)) peak at 11469 to rule out a...
Robinhood Markets Inc. (HOOD : NASDAQ) is a California-based financial technology (fintech) company that operates an online discount brokerage with commission-free trading. In this article, we will analyze the technical structure based on the Elliott Wave Theory and...
The AUD/USD currency pair has continued its impressive upward momentum, extending its move from 0.6349 to a recent high of 0.6812. This sustained growth reflects positive market sentiment and suggests potential for further gains in the near...
For the past two days, EUR/USD has been moving sideways, trading within a range of 1.1149 to 1.1201. What Does This Mean? Conclusion EUR/USD is currently in a consolidation phase within a strong uptrend. While the pair...
