USDJPY extended its downside movement from 113.75 to as low as 105.54. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected to continue and next...
AUDUSD is facing 0.7758 support. A breakdown below this level could signal resumption of the downtrend from 0.8135, then next target would be at 0.7500 area. Resistance is at 0.7988, only a breakout of this level could...
GBPUSD stays above a bullish trend line on the daily chart and remains in the uptrend from 1.3027. As long as the price is above the trend line, the price action from 1.4345 could be treated as...
EURUSD is facing the support of the bullish trend line on the daily chart. As long as the price is above the trend line, the price action from 1.2537 could be treated as consolidation for the uptrend...
We revise our Gold Short Term Elliott Wave view to a more aggressive one and call the decline to 2.8.2018 at $1306.8 ending Intermediate wave (X). For this view to get validity however, the yellow metal needs to...
EURUSD could be in for a selloff as a double top pattern can be seen on its 4-hour time frame. Price has yet to break below the neckline at the 1.2200-1.2250 levels before confirming the potential downtrend....
USDCAD extended its upside movement from 1.2450 to as high as 1.2757, breaking above 1.2688 resistance. Further rise could be expected in the coming days, and next target would be at 1.2800 area. Support is at 1.2650,...
USDJPY remains in the downtrend from 113.75 (Dec 12, 2017 low), the bounce from 105.54 is likely consolidation for the downtrend. Near term resistance is at the top trend line of the price channel on the 4-hour...
AUDUSD is now in the downtrend from 0.7988, the bounce from 0.7790 is likely consolidation for the downtrend. Further decline would likely be seen after the consolidation and next target would be at 0.7759 support. Resistance is...
GBPUSD’s downside movement from 1.4144 extended to as low as 1.3856. Further decline is still possible after a minor consolidation and next target would be at 1.3764 support. Near term resistance is at 1.4020, a breakout of...
