USDCAD continued its bearish movement from 1.3347 and fell sharply to as low as 1.2680. Further decline could be expected after a minor consolidation and next target would be at 1.2550 area. Near term resistance is at...
USDJPY broke below the bottom support trend line of the price channel on its 4-hour chart and is now facing 112.74 key support. A breakdown below this level will confirm that the uptrend from 108.81 had completed...
AUDUSD is now facing 0.7712 resistance, a break of this level will indicate that the uptrend from 0.7328 (May 9 low) has resumed, then next target would be at 0.7800 area. Near term support is at 0.7660,...
GBPUSD continued its downward movement from 1.3029 and the fall extended to as low as 1.2811. The pair is now facing the trend line resistance, as long as the trend line resistance holds, the downtrend could be...
After touching 1.1450 key resistance, EURUSD pulled back to 1.1390 area, indicating that lengthier consolidation for the uptrend from 1.1118 is needed. Deeper decline could be expected in a couple of days and the target would be...
Short term NIFTY Elliott Wave view suggests the pullback to 9449.06 low on 6/30 ended Intermediate wave (2). Up from there, rally is unfolding as an Elliott wave double three structure where Minute wave ((w)) ended at 9700.7 and Minute wave ((x)) ended at...
After hitting a highest record at 415, ETHUSD broke below the bullish price channel on its daily chart and fell sharply to as low as 175.50. Will the Ethereum crash continue? Let’s look into its 4-hour chart,...
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The USD/JPY pair has been bullish during the session on Tuesday, testing the 114.50 level. I still believe that the larger resistance is at the 115 handle, so if we can break above there, then I think...
The US dollar rose slightly against the Canadian dollar on Tuesday, as we await the Bank of Canada interest rate decision coming out today. It is anticipated that the BOC will raise rates, and if they don’t,...
