VSTM Verastem Inc – Bullish Break
VSTM Verastem Inc has created a bullish break in the weekly time frame, VSTM Verastem Inc (NASDAQ: VSTM) stock price has created a strong bullish break in the weekly time frame. The break comes in line with...
Category: Daily Forex Reports
AUDNZD Resistance Turned Support (Sep 13, 2017)
AUDNZD has sold off in the past couple of days but the uptrend remains intact. Price is moving inside an ascending channel formation on its 4-hour time frame and is currently testing support at the 1.1000 major...
DXY Dollar Index Elliott Wave View: 9.12.2017
DXY Dollar Index Short Term Elliott Wave view suggests that the decline from 8/16 peak is unfolding as an Ending Diagonal Elliott Wave structure. Down from 8/16 high, Minor wave 1 ended at 91.62 and Minor wave 2 ended...
EURUSD Double Top (Sep 12, 2017)
EURUSD appears to be tired from its climb as the pair is forming a double top reversal pattern on its 4-hour time frame. Price failed in its last two attempts to break past the 1.2070 area and...
INSM Insmed Inc Stock Skyrocketed
INSM Insmed Inc Stock Skyrocketed by a staggering 120% higher recently. According to Nasdaq.com, the Insmed Inc. INSM stock advanced more than double in the pre-market trading after the company announced that its new drug, an inhaled...
Under Armour UAA Weekly Elliott Wave Outlook
Under Armour (NYSE: UAA) is one of the leading sporstwear companies around the world. However it’s stock has been struggling in the recent 2 years as it lost %68 since September 2015. In our previous article, we...
AUDNZD Short-Term Triangle (Sep 11, 2017)
AUDNZD has been moving sideways recently with higher lows and lower highs creating a symmetrical triangle pattern on its 1-hour time frame. Price has just bounced off support and could be due for a test of resistance...
USD/JPY Forecast September 11, 2017, Technical Analysis
The USD/JPY pair broke down significantly during the day on Friday, but did bounce later in the session. Ultimately, I believe that the market continues to go much lower, and the breakdown below the 108.50 level is...
USD/CAD Forecast September 11, 2017, Technical Analysis
The USD/CAD pair rallied a bit during the day on Friday, as the recent move had to retract a bit. I believe that most of this is probably due to profit-taking before the weekend. That being the...
GBP/USD Forecast September 11, 2017, Technical Analysis
The GBP/USD pair rallied significantly during the day on Friday, reaching towards the 1.32 handle. The market looks likely to run into a bit of trouble near the 1.3250 level, so I think that it’s only a...