Short term Elliott Wave view of Nikkei (NKD_F) suggests that the rally from 5.14.2020 low is unfolding as a 5 waves impulsive Elliott Wave structure. Up from 5.14.2020 low, wave (1) ended at 20830 and pullback in...
The next entry in the theme of Corona Virus stocks is Regeneron Pharmaceuticals Inc. Regeneron is a Nasdaq-100 component, and has been one of the blue chips of Biotech for some time. However, the outbreak has really...
By Elliott Wave International Many stock market investors believe that prices have already bottomed. Numerous banks, brokers and financial firms have issued statements saying as much. Indeed, the May Elliott Wave Theorist, a monthly publication which has...
USDCAD remains in the downtrend from 1.4048, further decline would likely be seen after a minor consolidation and next target would be at 1.3600 area. Near term resistance is at 1.3840, only break above this level could...
USDJPY formed a sideways consolidation in a trading range between 107.32 and 108.08. The price action in the range is likely consolidation for the uptrend from 105.98, further rise to 108.50 area is possible after the consolidation....
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6401. As long as the trend line support holds, the upside movement could be expected to continue and next target...
GBPUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.2362 could be treated as consolidation for the uptrend from 1.2073, and...
EURUSD extended its upside movement from 1.0774 to as high as 1.1035, breaking above 1.1018 resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected...
$EWC iShares MSCI Canada ETF Elliott Wave & Long Term Cycles Firstly the EWC instrument inception date was 3/12/1996. The iShares MSCI Canada ETF seeks to track the investment results of an index composed of large and mid-sized...
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of NASDAQ index, which we presented to members at elliottwave-forecast. In which, the rally from 22 March...
