EURUSD broke below 1.1508 support and extended its downside movement from 1.2555 to as low as 1.1388. Further decline is still possible and next target would be at 1.1200 area. Resistance levels are at 1.1550 and 1.1851,...
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USDCAD is now in the downtrend from 1.3119. Further decline could be expected and a breakdown below 1.2961 support could take the price into 1.2850 zone. Resistance is at 1.3119, only a break of this level could...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.15. Further decline to test 110.58 support is possible and a breakdown below this level would aim 110.00 area. On...
AUDUSD continued its sideways movement in a trading range between 0.7310 and 0.7483. Another fall to test 0.7310 would likely be seen in the coming days, a breakdown below this level could trigger further downside movement towards...
GBPUSD extended its downside movement from 1.3213 to as low as 1.2818. Further decline is still possible in a couple of days and next target would be at 1.2700 area. Near term resistance is at 1.2911, only...
EURUSD extended its downside movement from 1.1746 to as low as 1.1516, breaking below 1.1530 support. Further decline could be expected in a couple of days and next target would be at 1.1400 area. Resistance is at...
Oil ticker symbol: CL_F short-term Elliott wave analysis suggests that the bounce to $70.44 high ended intermediate wave (2). The internals of that bounce took place as Elliott wave double correction where Minor wave W ended in 3 swings at $69.92....
USDCAD dropped sharply from 1.3119 after breaking above 1.3096 resistance, suggesting that the pair remains in the downtrend from 1.3289. Deeper decline to test 1.2961 support is possible and a breakdown below this level could trigger further...
USDJPY extended its downside movement from 112.15 to as low as 110.75. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and deeper...
