USDCAD bounced strongly from 1.2623 and broke above 1.2750 resistance. Further rise would likely be seen in the coming days and next target would be at 1.2916. A breakout of this level will indicate that the uptrend...
USDJPY is facing the support of the rising trend line on its 4-hour chart. As long as the trend line support holds, the fall from 113.08 could be treated as consolidation of the uptrend from 110.84 and...
AUDUSD is now facing 0.7532 support. A breakdown below this level will indicate that the downtrend from 0.8124 (Sep 8 high) has resumed, then next target would be at 0.7475 area. Below this level would aim 0.7328...
GBPUSD stays above a bullish trend line on its 4-hour chart and remains in the uptrend from 1.3039. as long as the price is above the trend line, the pullback from 1.3549 could be treated as consolidation...
EURUSD extended its downside movement from 1.1961 to as low as 1.1780. Further decline is still possible and next target would be at 1.1712. A breakdown below this level could take price to next support level at...
Sterling fell versus the dollar earlier this week as Brexit talk between the UK and EU falter at the last minute. British Prime Minister Theresa May is on the race to break the deadlock on the issue of...
The AUDUSD pair ran in a falling price channel on the daily chart. Price just bounced off the top trend line of the channel, indicating that the pair remains in the downtrend from 0.8124. On the downside...
Nasdaq Intraday Elliott Wave view suggests that Intermediate wave (3) ended with the rally to 6429.5. Intermediate wave (4) pullback remains in progress to correct cycle from 8/21 low (5753.6) in 3, 7, or 11 swing before...
The US dollar rallied against the Japanese yen was perhaps in reaction to the US Congress looking likely to pass tax reform. That of course will be good for the United States economy, and of course...
The US dollar has been very noisy during the session on Tuesday, reaching down as low as the 1.26 handle. Now that we have seen a move to the upside, looks likely that we will make...
