AUDUSD is facing 0.7740 resistance. A break of this level will signal resumption of the uptrend from 0.7158, then next target would be at 0.8000 area. Support is now at 0.7490, only break below this level will...
Being contained by the 1.1946 support, GBPUSD rebounded from 1.2109, indicating that lengthier sideways movement is a range between 1.1946 and 1.2774 is underway. Another rise to test 1.2774 resistance would likely be seen, as long as...
EURUSD is facing the resistance of the descending price channel on daily chart. As long as the pair stays in the channel, the price action from 1.0340 could be treated as consolidation of the downtrend from 1.1616...
USD/JPY daily chart, March 20, 2017 The USD/JPY pair fell slightly during the day on Friday, as we continue to drift a bit lower. I believe that there is massive support near the 112 handle though, so...
USD/CAD daily chart, March 20, 2017 The US dollar initially rallied against the Canadian dollar during the session on Friday, but found enough resistance at the 1.3350 level to turn things around and form a shooting star....
GBP/USD daily chart, March 20, 2017 The British pound rose during the Friday session but found the 1.24 level to resistive to continue. By forming a shooting star, this suggests that we are going to pull back...
EUR/USD daily chart, March 20, 2017 The EUR/USD pair had a slightly negative session on Friday, as the 1.08 level looms just above. I think we may need to back up just a little bit in order...
AUD/USD daily chart, March 20, 2017 The Austrian dollar rose on Friday, testing the 0.77 level. It looks as if we are going to try to break out to the upside given enough time, so I am...
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Short term Elliott Wave view in EURJPY suggests that the decline to 118.18 on 2/24 ended Primary wave ((4)). Primary wave ((5)) is currently in progress higher and the rally from Primary wave ((4)) low at 118.18 is unfolding...
