USDJPY broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the short term uptrend from 108.64 had completed at 111.39 already. Deeper decline could be expected and next target...
AUDUSD is in the uptrend from 0.7412, the pullback from 0.7605 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...
GBPUSD remains in the downtrend from 1.4376, the bounce from 1.3390 is likely consolidation of the downtrend. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be...
EURUSD moved sideways in a trading range between 1.1716 and 1.1840. As long as 1.1840 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.1996 and another fall towards...
USDCAD short-term Elliott Wave view suggests that the bounce to 1.2998 on 5/08 high ended primary wave ((2)). Below from there, primary wave ((3)) remains in progress as an Impulse Elliott Wave structure looking for more downside extension. In Impulse wave,...
USDCAD stays in a trading range between 1.2728 and 1.2924. As long as 1.2924 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.2997, and a breakdown below 1.2728...
USDJPY remains in the uptrend from 108.64, the fall from 111.39 is likely consolidation for the uptrend. Support is located at the bottom trend line of the price channel on the 4-hour chart. As long as the...
AUDUSD broke above 0.7566 resistance, suggesting that the downside movement from 0.7813 had completed at 0.7412 already. Further rally could be expected in the coming days and next target would be at 0.7625, followed by 0.7700. Support...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3390. Further decline is possible after a minor consolidation and next target would be at 1.3300 area. Near term resistance is at the falling trend line...
EURUSD extended its downside movement from 1.1996 to as low as 1.1716. As long as 1.1840 resistance holds, the downtrend could be expected to continue and next target would be at 1.1550 area. On the upside, a...
