AUDUSD is in consolidation for the downtrend from 0.7916. Another rise towards 0.7760 resistance is possible. However, as long as this level holds, the downtrend could be expected to resume and one more fall to 0.7600 area...
GBPUSD broke below 1.4008 support and extended its downside movement from 1.4244 to as low as 1.3965. Further decline could be expected in a couple of days and next target would be at 1.3889 support. Below this...
EURUSD extended its downside movement from 1.2476 to as low as 1.2218, breaking below 1.2239 support. Further decline is still possible after a minor consolidation and next target would be at 1.2155 support. Near term resistance is...
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USDCAD extended its downside movement from 1.3124 to as low as 1.2756. Further decline is still possible in the coming days and next target would be at 1.2650 area. Resistance levels are at 1.2860 and 1.2948, only...
USDJPY is now facing 107.01 resistance, a breakout of this level could signal resumption of the uptrend from 104.63, then further rise to test 107.90 resistance could be seen. Support is at 105.65, only a breakdown below...
AUDUSD broke above 0.7710 resistance, suggesting that lengthier consolidation for the downtrend from 0.7916 is underway. Further rally is possible and the target would be at 0.7760 area. Support is at 0.7642, only a breakdown below this...
GBPUSD’s bounce from 1.4008 extended to as high as 1.4096. Resistance is at 1.4150, as long as this level holds, the bounce could be treated as consolidation for the downtrend from 1.4244, and a breakdown below 1.4008...
EURUSD is facing 1.2239 support. A breakdown below this level could trigger further downside movement towards 1.2155. Resistance is at 1.2345, above this level would suggest that the short term downtrend from 1.2476 is complete, then another...
Short Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there in Minor wave V. Subdivision of Minor wave V...
