AUDUSD stays above a bullish trend line on its daily chart and remains in the uptrend from 0.7328. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
GBPUSD remains in the upside movement from 1.1987, the fall from 1.3267 would possibly be consolidation of the uptrend. Near term support is a the bottom trend line of the price channel on the daily chart. As...
After consolidation, EURUSD extended its bullish movement to as high as 1.1941, suggesting that the uptrend from 1.0569 has resumed. Further rise could be expected in a couple of weeks, and next target would be at 1.2165...
The US dollar initially went sideways on Friday, but then broke down against the Japanese yen as Janet Yellen gave a somewhat dovish speech in Wyoming. Because of this, I think that the market is going to...
The US dollar drifted lower against the Canadian dollar, and then rallied. However, as Janet Yellen started speaking in Wyoming, the market broke below the 1.25 level again. Because of this, it looks likely that the market...
The GBP/USD pair gained rapidly during the day as Janet Yellen started giving her speech in Wyoming. We have broken above the 1.2850 level, and looked likely to test the 1.29 handle. That’s an area that could...
The EUR/USD pair shot higher during the day on Friday as Janet Yellen gave a somewhat dovish speech. Because of this, it’s likely that we will continue to see some bullish pressure, as we have made a...
The Australian dollar exploded to the upside as Janet Yellen gave her speech on Friday. The 0.79 level has even offered support on the short-term pullback, so I believe that the market is going to go looking...
After touching 1.3000 important psychological level, XAUUSD pulled back from 1300.82 and formed a triangle pattern on its 4-hour chart. The triangle pattern is likely consolidation of the uptrend from 1204.77, another rise could be expected after...
Short term USDJPY Elliott wave view suggests the decline from 7/11 peak is unfolding as a double three Elliott wave structure. Decline to 108.71 low ended Minor wave W and Minor wave X bounce ended at 110.95 peak. Subdivision...
