The Australian dollar initially tried to rally during the day on Monday, but gold markets have rolled over enough to put serious pressure on the Aussie. However, I do see support just below so I think that...
USDCAD continues to trend lower but seems to be in a correction from its current selloff. Applying the Fibonacci retracement tool shows that the the 50% level lines up with the trend line resistance and the 1.2400...
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USDCAD’s rebound from 1.2061 extended to as high as 1.2337. Further rally is still possible and next target would be at the bearish trend line on the daily chart now at 1.2470. However, as long as the...
USDJPY’s bullish movement from 107.31 extended to as high as 111.66. Further rise is still possible in a couple of days and next target would be at 112.50 area. Near term support is at the ascending trend...
AUDUSD broke below the bottom support trend line of the price channel on its 4-hour chart, indicating that the upside movement from 0.7807 had completed at 0.8124 already. Further decline could be expected after a minor consolidation...
GBPUSD stays above a bullish support trend line on the 4-hour chart and remains in the uptrend from 1.2774, the fall from 1.3618 is likely consolidation of the uptrend. Deeper decline is still possible and next target...
EURUSD moved sideways in a trading range between 1.1823 and 1.2092. As long as 1.1823 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.0569 (Apr 10 low), and another rise towards...
AECOM (NYSE:ACM) provides planning, consulting, architectural and engineering design and program and construction management services for a range of projects including highways, airports, bridges, mass transit systems, to government and commercial clients. The company had US$17.4 billion of...
CADJPY Elliott Wave Sequence is bullish and incomplete to the upside due to which we have been telling clients not to sell the pair and use the dips as an opportunity to get long for higher prices. Our Live Trading...
