Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Hello fellow traders. In this technical blog we’re going to take a quick look ...

DXY is expected to extend lower while bounces stay below 95.17. Short term, bounce is expected to find sellers in 3, 7, or 11 swing against 95.17 According to Elliott wave theory, Zigzag is a 3 wave ...

In this blog, we will take a look at the Elliott Wave view of the Euro Stoxx Index in a weekly time frame to determine the timing for the pull back in FTSE Index to end and the timing to buy the World ...

USDNOK made some recovery recently, but in three legs only, which indicates for a correction within the downtrend by Elliott wave theory, called a zig-zag. It stopped perfectly at equal wavelength of ...

Cable is still trading on the downside as wave ii has not been completed. Yesterday, we mentioned that the turning point may happen at 50% or 61.8% of wave i. The current prices bounced from 50%, but ...

Charts are basically simple representations of price history, but they are often endowed with some almost mystical qualities by over-complicated analysis of obscure patterns. The most reliable ...