AUDUSD is facing 0.7440 resistance, a breakout of this level could take the price to next resistance level at 0.7483. Near term support is at 0.7370, below this level could bring the price back towards 0.7310 previous...
GBPUSD extended its downside movement from 1.3213 to as low as 1.2851. Near term resistance is at 1.2975, as long as this level holds, the downside movement could be expected to continue and next target would be...
EURUSD is testing 1.1620 resistance. As long as this level holds, the downtrend from 1.1746 could be expected to resume and another fall towards 1.1500 is possible after the consolidation. On the upside, a clear break above...
GBPUSD short-term Elliott Wave analysis suggests that the decline from 7/09/2018 peak (1.3361) is unfolding as Elliott wave zigzag when Minor wave A ended in 5 waves structure at 1.2956 low. Up from there, the bounce to 1.3214 high ended Minor...
Dow Futures ticker symbol: YM_F short-term Elliott wave view suggests that the rally from 6/28/2018 low cycle to 25572 high on 7/27/2018 peak ended Minor wave 1. The internals of that rally higher took place as an impulse structure with sub-division...
USDCAD broke above 1.3039 resistance. Further rally is still possible and next target would be at 1.3096 key resistance, a breakout of this level would indicate that the downside movement from 1.3289 had completed at 1.2961 already,...
USDJPY stays below a falling trend line on its 4-hour chart. As long as the trend line resistance holds, the downside movement could be expected to continue and next target would be at 110.50 area. Only a...
AUDUSD’s bounce from 0.7348 extended to as high as 0.7439. Further rise is still possible in a couple of days and next target would be at 0.7483 resistance. Near term support is at the rising trend line...
GBPUSD remains in the downtrend from 1.3213. Near term resistance is at 1.3020, as long as this level holds, the downside movement could be expected to continue and next target would be at 1.2800 area. Only a...
Being contained by 1.1508 support, EURUSD rebounded from 1.1530. However, as long as 1.1620 resistance holds, another fall to test 1.1508 support is possible, a breakdown below this level could trigger further downside movement towards 1.1400. On...
