AUDUSD failed to break above 0.7962 resistance and pulled back to 0.7880 area. However, the fall would possibly be correction of the uptrend from 0.7807 and another rise towards 0.8065 could be expected after the correction. Support...
GBPUSD extended its downside movement from 1.3267 after failing in its attempt to break above 1.2915 resistance. Further decline is still possible and next target would be at 1.2750 area. Only break above 1.2915 resistance could signal...
EURUSD moved sideways in a trading range between 1.1662 and 1.1909. The sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and deeper decline towards the bottom support trend line of...
The mutual funds are the popular investment methods for years but now, as a competitor, the newly introduced investment method has come into the picture. The mutual funds have higher benefits so most of the traders prefer...
According to Nasdaq.com, NYSE HPQ HP Inc. is expected to report earnings on 08/23/2017 after market close. The report will be for the fiscal Quarter ending Jul 2017. According to Zacks Investment Research, based on 6 analysts’...
Short term USDJPY Elliott wave view suggest that 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 correction of that cycle ended in a Minor...
EURJPY rebounded from 127.56 after touching the bottom support trend line of the price channel on the daily chart, suggesting that the pair remains in the uptrend from 114.85. As long as the price is in the...
The USD/JPY pair started falling almost immediately on Monday, reaching down towards the 108.50 level. If we bring to a fresh, new low, I think that this pair probably goes looking towards the 105 level over the...
The USD/CAD pair initially tried to reach above the 1.26 level during the day on Monday, but then pulled back about 50 pips to find support again. I think if we can break above the 1.26 level...
The British pound initially fell during the Monday session, but found the 1.2850 level to be supportive enough to cause a major bounce to reach towards the 1.29 handle. I think if we can break above here,...
