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USDCAD: Found Buyers in Blue Box and Rallied
Read MoreHello fellow traders. Another trading opportunity we have had lately is USDCAD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDCAD published in members area of the website. As our members and followers know, this pair has incomplete bullish sequences in the cycle from the September […]
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Can ROKU Stock price surpass $100? ElliottWave Forecast Analysis
Read MoreROKU (NASDAQ:ROKU) a streaming TV platform surged last Thursday more than 20% after the company reported better-than-expected second-quarter results. The company currently has 22 million active users but still can’t compete with the giant Netflix (NASDAQ:NFLX) having 130 million subscriber. However, ROKU is taking serious steps to expand and not limit the product to Roku devices. It already […]
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DAX Elliott Wave Analysis: Bounce Can be Temporary
Read MoreDAX short-term Elliott wave analysis suggests that the rally to 12882.05 high ended Minor wave X bounce. The internals of that bounce unfolded as Elliott wave double three structure where Minute wave ((w)) ended at 12640.87. Minute wave ((x)) ended at 12468.68 and Minute wave ((y)) of X ended at 12882.05 high. Down from there, […]
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EURJPY Elliott Wave Analysis: Nearing 3 Wave Bounce?
Read MoreEURJPY short-term Elliott wave analysis suggests that the decline from 7/17/2018 peak (131.97) is unfolding as 5 leading diagonal structure in Minor wave A of a possible zigzag correction. The initial decline to 129.39 low ended Minute wave ((i)). Then Minute wave ((ii)) bounce ended at 131.13 as a Flat. Down from there, Minute wave […]