Zorrays Junaid has extensive combined experience in the financial markets as a portfolio manager and trading coach. More recently, he is an Analyst with Alchemy Markets, and has contributed to DailyFX ...

The Elliott Wave principle was first developed by an accountant, Ralph Nelson Elliott, to describe, and ideally predict, market cycles. Utilizing technical analysis and group psychology, it identifies ...

The Elliott wave indicates the index is in a 3rd wave, with an ideal target of approximately 7250, followed by a 4th-wave pullback to ~7100 and another 5th-wave rally to approximately 7345-7490. “… ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. As expected, USDJPY extended its weakness and even accelerated to the downside in this week. A sharp move like ...

“…we anticipate a slight pullback in the gray 4th wave to around 6785-6825 before the next upward move (gray W-v) begins. The latter could then ideally reach 6930 ...

Crypto Waves Founder Ryan Wilday discusses his Bitcoin thesis and preference for BITO over GBTC. Wilday emphasizes the importance of cash management and diversification in investment portfolios, ...

EURUSD is very close to completing a t hree year Elliott Wave expanded flat pattern The final wave is taking shape with some targets near the 10 year trend at 1.26 A bearish reversal has an initial ...

In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...