USDJPY broke above 111.73 resistance, indicating that the bearish movement from 114.36 had completed at 110.23 already. Further rise could be seen in a couple of days, and next target would be at around 113.50. Support levels...
AUDUSD ran in an ascending price channel on 4-hour chart and just bounces off the top resistance line of the channel. Correction pullback could be seen and the target would be at the bottom support line of...
GBPUSD pair found resistance at the top of the price channel on 4-hour chart and pulled back into 1.2955 zone. Deeper decline would likely be seen and the target would be at the bottom support line of...
EURUSD moved below the ascending trend line on 4-hour chart and is now facing the 1.1161 support, a breakdown below this level will indicate that the uptrend from 1.0839 had completed at 1.1267 already, then the pair...
Short Term Elliott Wave view in FTSE suggests the rally from 4/20 low (7096.6) is unfolding as a zigzag Elliott Wave structure where Minute wave ((a)) ended at 7302.57 and Minute wave ((b)) ended at 7197.28. Subdivision of Minute wave ((a)) unfolded as...
After touching the ascending trend line from 1180.51 to 1194.94 on daily chart, XAUUSD rebounded strongly to 1265. Further rise to test the resistance of the descending trend line from the July 2016 high of 1375.11 to...
The USD/JPY pair initially gapped lower at the open on Monday, but then shot higher towards the 111.65 level. This has been the top of recent consolidation, and the fact that we reach that area and pulled...
The USD/CAD pair had a volatile session on Monday as we initially tried to rally but then turned around to fall significantly below the 1.35 level. This pair of course is highly influenced by of the crude...
The GBP/USD pair had a very volatile session on Monday, as we continue to see the market undulate back and forth with all the massive headlines to keep crossing the wires. As the negotiations about the United...
The EUR/USD pair initially fell on Monday, but found the 24-hour exponential moving average to be supportive enough to turn the market around, and send it back above the 1.12 level. The market then rose to the...
