The Australian dollar rallied on Tuesday, as we continue to consolidate. This is a market that is a little bit oversold, so either consolidation or a bounce is needed to attract more sellers. Pay attention to the...
Sell GBP/USD @ 1.22536 By Signal Factory | SL:1.22936 | TP:1.21736 | 2017.01.04 06:36 GMT Provided by signalfactory.com
Sell GBP/JPY @ 144.576 By Signal Factory | SL:144.976 | TP:143.776 | 2017.01.04 05:51 GMT Provided by signalfactory.com
Buy EUR/NZD @ 1.50532 By Signal Factory | SL:1.50132 | TP:1.51332 | 2017.01.04 05:07 GMT Provided by signalfactory.com
Close(SL) Sell AUD/CAD @ 0.97372 By Signal Factory | Loss: -40 pips | 2017.01.04 03:32 GMT Provided by signalfactory.com
GBPJPY has previously been on an uptrend but it looks like bulls are tired from the climb. A head and shoulders pattern can be seen forming on its 4-hour time frame, although the right shoulder is still...
By Elliott Wave International It’s that time of year again, when before us an entirely new blank slate is laid, which we eagerly fill with promises of better health, habits, and life choices. But, according to Statisticsbrain.com,...
USDJPY is facing 118.66 resistance, a break of this level will indicate that the uptrend from 101.18 (Nov 09, 2016 low) has resumed, then next target would be at 120.00 area. Key support is at 114.73, only...
GBPUSD broke below 1.2202 support, indicating that the downtrend from 1.2774 has resumed. Resistance is at the top of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected...
EURUSD broke below 1.0352 support, indicating that the downtrend from 1.1299 (Nov 9, 2016 high) has resumed. Further decline could be expected and next target would be at 1.0200 area. Resistance levels are at 1.0500 and 1.0653,...
