GBPUSD remains in the uptrend from 1.2774, the pullback from 1.2978 is likely correction of the uptrend. Another rise could be expected after the correction and a break of 1.2978 resistance could signal resumption of the uptrend....
EURUSD stays above a bullish support trend line on its 4-hour chart and remains in the uptrend from 1.1662. As long as the trend line support holds, the uptrend could be expected to continue and next target...
Oil Short Term Elliott Wave suggests that the decline from 8/1 peak is unfolding as a double three Elliott Wave Structure where Minute wave ((w)) ended at 46.46 and Minute wave ((x)) ended at 48.76. Oil has since made a...
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SPX S&P 500 Long Term Elliott Wave view suggests that the Index has reached the minimum target at 2234.35 to end a big cycle from an all time low. If we assume the Index starts from all-time...
EURCAD seems ready to go for a move higher as it formed an inverse head and shoulders pattern on its daily time frame. Price has yet to break past the neckline at the 1.5000 major psychological level...
USDJPY moved sideways in a trading range between 108.13 and 115.50 for several months and is now facing the previous low support level at 108.13 once again. On the 4-hour chart, there is a bearish price channel...
The US dollar dipped slightly against the Japanese yen on Monday, in relatively quiet trading. Given enough time, I think that the buyers may return to this market longer term, as the 108.50 level underneath should be...
The USD/CAD pair initially went sideways at the open on Monday, but then fell to reach towards the 1.2440 level. We then bounced after that, but I think that there is a significant amount of resistance above,...