The British pound has rallied initially during the trading session on Tuesday, but then found resistance above. As I record this, it appears that the 50 EMA on the hourly chart is trying to offer support, so...
The EUR/USD pair broke higher during trading on Tuesday, breaking above the 1.23 handle. There’s a lot of noise in this area, but I think that the 1.23 level should offer support as it was resistance previously....
The Australian dollar has gone sideways initially during the trading session on Tuesday, but as you can see we started to sell off as the Americans came on board. However, there is a small uptrend line that...
EURAUD has been trading sideways recently, finding support at the 1.5650 minor psychological level and resistance near 1.5800. Price just bounced off the top of the range and might be due for a test of support again...
No changed in our view, USDCAD remains in the uptrend from 1.2247, the fall from 1.2688 would possibly be consolidation for the uptrend. As long as 1.2489 support holds, the uptrend could be expected to resume and...
USDJPY extended its downside movement from 110.48 to as low as 107.40, facing the 107.31 (Sep 8, 2017 low) support. The key resistance is at the top trend line of the price channel on the 4-hour chart....
AUDUSD’s bounce from 0.7759 extended to as high as 0.7876. Further rise to test 0.7910 resistance is still possible. A breakout of this level could trigger further upside movement towards 0.7970. Near term support is at 0.7825....
No changed in our view, GBPUSD remains in the downtrend from 1.4345, the bounce from 1.3764 is likely consolidation of the downtrend. Another fall could be expected after the consolidation, a breakdown below 1.3764 could take price...
EURUSD extended its upside movement from 1.2205 to as high as 1.2371. Further rise could be expected in a couple of days, and next target would be at 1.2480 area. Near term support is at 1.2280, only...
Bitcoin ticker symbol: ( BTCUSD ) Short Term Elliott Wave view suggests that the decline from December 17.2017 peak to February 05.2018 low (5920.72) ended the Super Cycle wave “(b)” lower. Above from there, the rally is unfolding as a leading diagonal Elliott Wave structure. Where...
