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FactSet Research Systems (NYSE: FDS) Technical correction
Read MoreFactSet Research Systems (NYSE: FDS) is a financial data and software company providing financial information and analytic software for investment professionals in the United States, Europe, and the Asia Pacific. Shares of FactSet dropped 11% following the release of fiscal its fourth-quarter financial results despite beating analysts’ forecast. Revenue climbed 5%, lifting adjusted net income by 19% […]
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Elliott Wave View: Further Downside in Exxon Mobil (XOM)
Read MoreShort term Elliott Wave view on Exxon Mobil (ticker: XOM) suggests the rally to 75.68 on September 16, 2019 high ended wave ((X)). The stock has turned lower and the structure of the decline unfolded as a 5 waves impulse Elliott Wave structure. Down from 75.68, wave ((i)) ended at 73.6 and bounce to 74.37 ended […]
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AUDUSD Found Sellers At The Blue Box
Read MoreIn this technical blog we’re going to take a quick look at the Elliott Wave charts of AUDUSD, published in members area of the website. As our members know, AUDUSD is showing incomplete bearish sequences in the Daily cycle. Besides that, the pair has incomplete bearish sequences in the cycle from the 0.7299 (January 31st) […]
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Elliott Wave View: EURJPY Has Resumed Lower
Read MoreAfter forming a low on September 3, 2019 at 115.8, EURJPY has rallied in 3 waves. The rally ended at 120.62 and we labelled this bounce as wave 4. As the structure of the rally from September 3, 2019 low is in 3 waves, this tells us that the rally is only a correction. The […]