SPX Short-term Elliott Wave analysis suggests that the pullback to $2691.80 low on 6.28.2018 ended intermediate wave (2). Above from there, the rally higher to $2848.03 peak ended Minor wave 1. The internals of that rally higher took the form...
USDCAD extended its downside movement towards 1.2994. As long as the price is in the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2900...
USDJPY continued its sideways movement in a trading range between 110.58 and 111.54. Resistance is at 111.54, as long as this level holds, the sideways movement could be treated as consolidation for the downtrend from 113.17 and...
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. Another fall towards 0.7300 would likely be seen in a couple of days. Near term resistance is at 0.7425, only break above this level could trigger...
GBPUSD failed to break below 1.3070 support and stayed in a trading range between 1.3070 and 1.3213. As long as 1.3070 support holds, the price action in the range could be treated as consolidation for the uptrend...
EURUSD formed a triangle pattern on its 4-hour chart. A clear break above the top trend line of the pattern could take the price to 1.1900 area, followed by 1.2000. Support is at the bottom of the...
USDCAD stays in a falling price channel on its 4-hour chart and remains in the downtrend from 1.3289. As long as the price is in the channel, the downtrend could be expected to continue and next target...
USDJPY moved sideways in a trading range between 110.58 and 111.54. As long as 111.54 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 113.17 and a breakdown below 110.58 support could...
AUDUSD is in short term downtrend from 0.7464. Deeper decline is still possible after a minor consolidation and next target would be at 1.7300 area. Near term resistance is at 0.7425, only break above this level could...
GBPUSD is facing 1.3070 support, a breakdown below this level could take the price to next support level at 1.2957. On the upside, as long as 1.3070 support holds, the fall from 1.3213 could be treated as...
