AUDUSD stays in a bearish trend line on its 4-hour chart and remains in the downtrend from 0.8065. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
GBPUSD’s fall from 1.3267 extended to as low as 1.2952. Deeper decline to test 1.2932 support is possible, a breakdown below this level could take price into 1.2850 zone. Near term resistance is at 1.3060, only move...
EURUSD is now in the downtrend from 1.1909. Further decline could be expected after a minor consolidation and next target would be at the bottom support trend line of the price channel on its daily chart, now...
NZDJPY has been trending lower on its short-term time frames after recently bouncing off a long-term ceiling. Price is forming a descending trend line and a correction is underway. Applying the Fib retracement tool on the latest...
Short term FTSE 100 ( UKX-FTSE ) Elliott Wave view suggests that Minor wave B ended on 6/30 low 7302.7 and the rally from there is unfolding as a double three Elliott wave structure where wave ((w)) ended at 7515.12 and wave ((x)) pullback...
EURJPY dropped sharply to as low as 128.70 after breaking below a major support trend line at 130.35 on its 4-hour chart. Further decline is still possible in a couple of days. On the downside, the pair...
The US dollar initially fell during the session on Tuesday, dropping down to the 110.25 handle. However, we turned around to find plenty of support and saw an impulsive move to the upside after the Jolts announcement...
The USD/CAD pair went sideways during most of the session on Tuesday, reaching towards the 1.27 level. However, it looks likely that the market is going to try to break out above there, and continue to go...
The GBP/USD pair fell during most of the session on Tuesday, drifting towards the 1.30 level. That support barrier got broken, and because of this it’s likely that we will continue to go much lower. I think...
The EUR/USD pair went sideways during most of the session on Tuesday, testing the 1.18 level for support. As the Americans came on board, the jobs opening number broke above 6 million, and since a lot of money...
