<p>To assess how well the market recovers, we will be closely monitoring two things: the price volatility and the US dollar inflows.</p> <p>First, a 5%-10% daily volatility is bad, regardless of its direction. A 10% jump in asset prices is as worrying as a 10% fall. Therefore, a stabilization of market prices near a 1-3% […

<p>Today we found a special situation on the USDJPY chart</p> <p>USDJPY is attacking this resistance zone three times during the NY session of the last three days.</p> <p> </p> <p>Today this move starts during the London session which increases the probability of a breakout.</p> <p>So, is this m

<p>Enable Automatic Channel in Harmonic Pattern Indicator </p> <p>We provided powerful automatic channel features in the Harmonic Pattern Indicator. To enable the automatic Channel Function, just set Use Channel = true under Channel Parameter inputs.</p> <p>Together with Harmonic Pattern and Elliott Wave patterns, the

<p>In this technical blog, we are going to take a look at the past chart’s performance of Nikkei an index from Japan. But before looking into the Charts, we need to understand the market nature first. The market always fights between the two sides i.e Buying or Selling. We at Elliott Wave Forecast understand the […]

<p>Pivot</p> <p>&nbsp;(invalidation): 0.9825 </p> <p>Our preference</p> <p>Short positions below 0.9825 with targets at 0.9775 &amp; 0.9750 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 1.4455 </p> <p>Our preference</p> <p>Short positions below 1.4455 with targets at 1.4330 &amp; 1.4280 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 0.5925 </p> <p>Our preference</p> <p>Long positions above 0.5925 with targets at 0.6030 &amp; 0.6070 in extension.</p> <p>Alternative scenario</p>

<p>Pivot</p> <p>&nbsp;(invalidation): 6.4640 </p> <p>Our preference</p> <p>Short positions below 6.4640 with targets at 6.4130 &amp; 6.3890 in extension.</p> <p>Alternative scenario</p>