Elliott wave view in Exxon Mobil (ticker: XOM) suggests that the sequence from April 23, 2019 high (not visible in the short term chart below) is incomplete. Medium term downside target for the stock is 100% –...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3035. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY is facing the resistance of the falling trend line on the 4-hour chart. A breakout of the trend line resistance would suggest that the downside movement from 110.28 had completed at 108.30 already, then further rise...
AUDUSD broke above the top of the price channel on the 4-hour chart, suggesting that consolidation for the downtrend from 0.7031 is underway. Further rally would likely be seen and the target would be at 0.6780 area....
GBPUSD is facing 1.2954 support once again. A breakdown below this level would indicate that the downtrend from 1.3514 has resumed, then further decline towards 1.2750 could be seen. Near term resistance is at 1.3030, above this...
Being contained by the top of the bearish price channel on the 4-hour chart, EURUSD pulled back from 1.1095, suggesting that the pair remains in the downtrend from 1.1239. Further decline would likely be seen in the...
Snap Inc. is an American camera and social media company which has three products: Snapchat, Spectacles, and Bitmoji. Last year, SNAP ended up with +195% gains as the stock saw an impressive 5 waves advance allowing it to...
USDSEK found a low at 9.2929 on December 31, 2019 and rallied in 5 waves to 9.529. This was followed by a 3 waves pull back to 9.439 on January 15, 2020 and then the pair started...
In this blog, we are going to take a quick look at the Elliottwave chart of Oil (CL_F). Oil is proposed to be in wave ((C)) which we expect to unfold as a 5 waves move down. ...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of CHFJPY, published in members area of the website. As our members know, CHFJPY is showing impulsive structures...
