USDCAD broke above the resistance of the falling trend line on the 4-hour chart and moved sideways in a trading range between 1.2967 and 1.3039, suggesting that consolidation for the downtrend from 1.3289 is underway. As long...
USDJPY is in the short term downtrend from 112.15. 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 next target would be...
AUDUSD stayed in a trading range between 0.7310 and 0.7483 for several weeks. Near term resistance is at 0.7411, a break of this level could take the price towards 0.7483 resistance. Near term support is at 1.7348,...
GBPUSD extended its downside movement from 1.3213 to as low as 1.2919, breaking below 1.2957 previous low support. Further decline could be expected in a couple of days and next target would be at 1.2800 area. Near...
EURUSD extended its downside movement from 1.1746 to as low as 1.1530, facing 1.1508 support, a breakdown below this level could trigger further downside movement towards 1.1400. Near term resistance is at 1.1600, only a break of...
USDCAD Elliott Wave Analysis and swing analysis suggests pair is showing 5 swings up from 9.8.2017 low. Impulsive sequence runs in 5, 9, 13, 17 and so on whereas corrective sequence runs in 3,7,11,15 and so on....
USDCAD extended its downside movement from 1.3289 to as low as 1.2967. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend could be...
USDJPY broke below the bottom support trend line of the rising price channel on the 4-hour chart, suggesting that the short term uptrend from 110.58 had completed at 112.15 already. Another fall would likely be seen in...
AUDUSD continued its sideways movement in a trading range between0.7310 and 0.7483. Another rise towards 0.7483 would likely be seen in the coming days. Support is at 0.7348, below this level could trigger another fall to test...
GBPUSD is facing 1.2957 support. A breakdown below this level could trigger further downside movement to 1.2800 area. Resistance is at 1.3070, only break above this level could bring the price back towards 1.3200.
