-
EURUSD Forecasting The Decline And Selling The Rallies
Read MoreHello fellow traders. Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. As our members know, EURUSD has incomplete bearish sequences in the cycle from the 02/16 peak. Consequently, […]
-
Elliott Wave Analysis: Further Downside Expected in GBPUSD
Read MoreShort term Elliott Wave view in GBPUSD shows that rally to 1.2816 ended wave (4). Internal of that rally unfolded as a triple three Elliott Wave structure. Up from wave (3) at 1.2476 on 12.12.2018 low, Wave W ended at 1.2687 and wave X ended at 1.2528. Rally to 1.2739 then ended Wave Y, second […]
-
ROKU ElliottWave Corrective Structure Suggesting a Recovery
Read MoreROKU investors had great hopes for 2018 as the streaming TV platform continued it outstanding growth in addition to its stock price surging to new all time highs. However in just 3 months, the stock erased all gains to end up with -40% similar to the rest of stock market in 2018. The company earning report […]
-
Bullish Outlook in Euro Cross
Read MoreSix years ago in 2012, Euro zone was in the midst of crisis, with bailouts of Greece pushing the Euro to the verge of a collapse. Peripheral European countries like Greece, Portugal, Italy were unable to sell government bonds without offering significant yield. In order to convince international investor, ECB President Mario Draghi back in […]