AUDUSD remains in the uptrend from 0.7476, the fall from 0.7666 is likely consolidation for the uptrend. Support is at 0.7580, as long as this level holds, the upside movement could be expected to continue and next...
GBPUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.3204. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
EURUSD is facing 1.1750 resistance. A breakout of this level would indicate that the upside movement from 1.1510 has resumed, then next target would be at 1.2000 area. Support is at 1.1617, a breakdown below this level...
CFD and forex trading strategies are similar in many ways. Indeed, many of the strategies that are applied in the forex market are also applied in the futures market. Trading, however, does not only involve applying strategies....
SPX short-term Elliott wave view suggests that the rally from 4/02/2018 low (2553.8) is extending higher in 5 waves structure. These 5 waves are expected to be part of a leading diagonal structure within intermediate wave (1) higher. The move higher...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2728. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY extended it upside movement from 108.11 to as high as 109.99. Further rise is still possible after a minor consolidation and next target would be at 110.40 area. Near term support is at 109.35, only a...
AUDUSD broke above 0.7605 resistance and extended its upside movement from 0.7412 to as high as 0.7666. Further rise is still possible and next target would be at 0.7700 area. Near term support is at 0.7580, a...
GBPUSD extended its upside movement from 1.3204 to as high as 1.3398. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
EURUSD extended its upside movement from 1.1510 to as high as 1.1744. Key support is now at 1.1617. As long as this level holds, the upside movement could be expected to continue and a clear break above...
