-Lack of bounce and break below 1178 suggests we’ll likely visit 1105 and possibly 956 The USDOLLAR has been a stellar currency over the past several weeks. That outperformance has also anchored lower ...

-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...

Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...

The primary wave count on the daily Usd/cad chart is showing early stages of a huge uptrend, since the 1.0205 lows were reached. We are looking for a completed black wave II at 1.0223, followed by a ...

Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...

Veerappa Kaujageri is an independent market analyst and writer based in Sweden. He specializes in Elliott Wave theory, blending wave counts with RSI, Fibonacci, channels, and volume analysis to ...

Usd/Jpy fell to the lower support line of a triangle in the last session, where prices were unable to break through the 89.75 lows. The market offered an upside reaction recently that could be a start ...

The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...

Elliott Wave Theory predicts prices in all sorts of markets, allowing investors to adjust their trading strategies based on historical trends. What is Elliott Wave Theory? Elliott Wave Theory is a ...

The short-term trend of the Bitcoin (BTC) price since its drop to $3700 shows an Elliot Wave pattern forming on lower time frames. While the pattern can reverse to a bullish trend, the declining ...