GBPUSD failed to break above 1.2647 resistance and stayed in a trading range between 1.2160 and 1.2647. As long as 1.2160 support holds, the uptrend from 1.1409 could be expected to resume, and further rise towards the...
EURUSD broke above the falling trend line on the daily chart and continued its sideways movement in a trading range between 1.0635 and 1.1147. As long as 1.1147 resistance holds, the sideways movement could be treated as...
By Elliott Wave International Related financial markets tend to move together. For example, gold and silver. Or, consider stocks. When the Dow Industrials are up on a given trading day, the NASDAQ is usually in the green...
The next entry in the theme of Corona Virus stocks is Sona Nanotech. Normally I would cover a major listed stock on a USA exchange. However, Sona Nanotech has an excellent Elliott Wave structure that is worth...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Tesla Motors ticker symbol: $TSLA. In which, the rally from 18 March 2020 low ($350.51)...
Spain is one of the hardest hit European countries by Covid-19 pandemic. Unsurprisingly, Spain main index IBEX-35 plunged just like the rest of the world’s indices. The biggest impact happened during the first few days of March....
Short Term Elliott Wave outlook in Tesla (TSLA) suggests the stock ended cycle from March low at 886.09 as wave ((1)). Internal of wave ((1)) unfolded as a 5 waves impulsive Elliott Wave structure. Up from 3.19.2020 low,...
USDCAD broke above the bearish trend line on the 4-hour chart, suggesting that the downtrend from 1.4264 had completed at 1.3849 already. Further rally would likely be seen in the coming days and next target would be...
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 109.38. As long as the channel resistance holds, the bounce from 106.35 could be treated as consolidation for the downtrend,...
AUDUSD broke below 0.6480 support, suggesting that the short-term uptrend from 0.6253 had completed at 0.6569 already. Deeper decline could be seen and the target would be at the bottom of the price channel on the 4-hour...
