Elliott Wave View: Gold Should Continue Higher
Elliott Wave view in Gold suggests the pullback to $1276.64 ended wave 4. Internal of wave 4 unfolded as a zigzag Elliott Wave structure. Wave ((a)) of 4 ended at $1276, wave ((b)) of 4 ended at...
Month: January 2019
GBP/USD: Options And Futures Analysis For January 30, 2019
The market owners ’cash investments in derivatives on the British pound of the CME Group Exchange amounted to $ 39 billion 66 million. The capitalization of investments decreased by 18%. The total net overweight of GBPUSD sellers...
USDCAD Daily Analysis – January 30, 2019
USDCAD remains in the downtrend from 1.3374, the bounce from 1.3202 is likely consolidation for the downtrend. Another fall could be expected after the consolidation, a breakdown below 1.3200 support could trigger another fall towards 1.3100. Resistance...
USDJPY Daily Analysis – January 30, 2019
USDJPY moved sideways in a trading range between 109.14 and 109.99. As long as 109.14 support holds, the sideways movement could be treated as consolidation for the uptrend from 105.05, further rise to 110.50 area is possible....
AUDUSD Daily Analysis – January 30, 2019
AUDUSD is facing 0.7203 resistance, a break of this level could signal resumption of the uptrend from 0.7075, then next target would be at 0.7300 area. Near term support is at 0.7135, be low this level could...
GBPUSD Daily Analysis – January 30, 2019
GBPUSD remains in the uptrend from 1.2396, the pullback from 1.3217 could be treated as consolidation for the uptrend. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement...
EURUSD Daily Analysis – January 30, 2019
EURUSD extended its upside movement from 1.1289 to as high as 1.1450. Further rise is still possible after a minor consolidation and next target would be at 1.1500 area. Support is at 1.1400, below this level could...
Elliott Wave View Expects Tesla Rally to Fail
Elliott Wave view in Tesla (Ticker: TSLA) suggests the rally to $352.09 ended wave ((2)). This suggests the stock is in an impulsive Elliott Wave structure to the downside. Wave ((3)) is in progress and the subdivision...
Alibaba : Elliott Wave Running Flat Taking Place
We believe Alibaba will see more downside based on a sequence which started on 6.5.2018 high. It is showing an extra swing at 12.24.2018. This low can be counted as swing number 9 in Blue or beginning...
$IBEX Short Term Bullish Sequence Calling The Rally
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of IBEX, published in members area of the website. As our members know, IBEX has made recently incomplete...