AUD/USD daily chart, March 30, 2017 The AUD/USD pair broke higher during the day on Wednesday, clearing the 0.7650 level at one point. I believe that the market is going to continue to go higher, but there...
GBPJPY continues to trend lower and is moving inside a descending channel on its 4-hour chart. Price just bounced off support at the 137.50 minor psychological level and could be on its way for a test of...
With this write-up, I will describe to you tips on how you can design a custom trading strategies that fits you. This procedure can help you discover the exact areas that need to be checked if you...
After touching 1.3409 resistance, USDCAD pulled back to 1.3330, indicating that lengthier sideways movement is underway. The 1.3264 support would be tested, and a breakdown below this level will signal resumption of the downtrend from 1.3535, then...
USDJPY is facing 111.57 resistance. As long as the pair is below this level, the rise from 110.11 could be treated as consolidation of the downtrend from 115.50 and further decline to 109.00 area is still possible...
AUDUSD is now in uptrend from 0.7587. Further rise could be expected in a couple of days and next target would be at 0.7800 area. Support is at 0.7625, as long as this level holds, the uptrend...
GBPUSD is now in downtrend from 1.2615, the rise from 1.2376 is likely consolidation of the downtrend. Further decline could be expected in a couple of days, and next target would be at 1.2200 area. Resistance is...
EURUSD broke below 1.0760 support, indicating that the uptrend from 1.0494 had completed at 1.0905 already. The pair is now in downtrend, further decline could be expected in a couple of days, and next target would be...
Short term Elliott Wave view in USDJPY suggests that cycle from 3/10 peak (115.53) has ended with Minor wave A at 110.07. Decline from 115.53 is unfolding as a 5 waves impulse Elliott wave structure with an...
Although the Fed is in the rate hike cycle, USD rally started to lose momentum early this year when market started to realize that monetary policy divergence started to narrow. ECB has started to talk about rate hikes,...
