Tag: TECHNICAL ANALYSIS

Crude oil surged in response to the EU's Russian oil embargo, that is planned to reduce imports from the country by up to 90%...

EURUSD is mostly unchanged since the start of the week, following the sharp surge we saw over the past weekly session. Traders will be...

Gold has started the week on a weaker foot as investors dumped safe-haven assets following last week's stock market rally. Are they right to...

The SP500 fell slightly in the first day of a week shortened by Memorial Day, trimming the gains it achieved the previous weekly session....

USDCAD respects its inverse relationship with crude oil again, as the pair is sliding this week while WTI surges. Can we expect more weakness...

USDJPY is rising again as the Bank of Japan stubbornly refuses to admit that the country, too, might have an inflation problem soon. How...

The Japanese stock index Nikkei 225 has been following the Elliott Wave rules and guidelines quite nicely over the years. In October, 2017, we...

EURUSD surged sharply last week, despite hardly any changes in the macroeconomic and geopolitical outlook for the EU. Is there still any hope left...

Bitcoin keeps slowly sliding down, but one can tell the bulls are fighting for their lives following the Terra fiasco. Can they succeed and...

The buy and hold investing strategy has proven its merits as a way to build wealth over long periods of time. More often than...

USDCAD returned to the price range it has been trading in for almost a year now. Elliott Wave analysis helped us find the key...

Gold's timid recovery continued last week, while most traders wondered whether it can be trusted or not. Here is what Elliott Wave analysis has...

USDJPY kept falling last week, prompting some traders to wonder whether the uptrend has actually ended at 131.35. What is the Elliott Wave principle...

Crude oil bulls made some more progress last week as none of the world's macroeconomic and geopolitical issues seem close to a resolution. The...

The SP500 bounced off sharply last week, but inflation, rising interest rates and a likely recession on the horizon make investors nervous about this...

The first time we wrote about Lululemon in late-April, 2021, Elliott Wave analysis suggested to expect a new all-time high between $450 and $500...

Bitcoin has been more stable than so-called stablecoins in the past ten days, but experienced traders know this calmness can't last very long. Where...

Christine Lagarde said the ECB is in no hurry to withdraw its support for the economy, despite rampant inflation across the board. Yet, EURUSD...

Crude oil is mostly unchanged so far this week, hovering around $110 a barrel. Is it finally going to breach the range it has...

Gold keeps recovering so far this week and most traders are wondering whether the larger uptrend has finally resumed or not. Elliott Wave analysis...

USDJPY lost some more ground since the start of the week, dipping below 126.40 yesterday. Is this the start of a new downtrend or...

USDCAD made a new low Monday, but remains mostly unchanged so far this week. Where is the pair headed to next and is its...

Big tech keeps plunging, down over 30% year-to-date, but the SP500 is holding up much better, surprisingly or not. Where is the benchmark stock...

Not long ago, Shopify was supposed to be “the next Amazon.” We don’t know how people come up with such comparisons, but when the...

Illinois Tool Works Inc. is an industrial products and equipment manufacturer, founded 110 years ago and headquartered in Glenview, IL. The company’s longevity and...

The collapse of so-called stablecoin Terra and its floating sibling Luna shook the market's confidence in the entire crypto space. Voices that the whole...

Gold initially fell last week, but the bulls managed to find support at $1787 and closed the week in positive territory. Is this the...

The first time we wrote about Dell was on October 21, 2021. The Elliott Wave structure suggested the stock was “trading in fifth and...

Crude oil had another volatile week, but still managed to close on a positive note on Friday. Can we see a decisive breakout soon?...

USDJPY dropped again last week in what pundits like to call profit-taking. The good news is that it fits in the Elliott Wave count...