GBPUSD broke below 1.3070 support and extended its downside movement from 1.3213 to as low as 1.3007. Further decline could be expected and next target would be at 1.2950 area. Resistance is at 1.3070, only break above...
EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline would likely be seen in the coming days and next target would be at 1.1500 area. Resistance is at...
OIL short-term Elliott wave analysis suggests that the bounce to $71.13 high ended primary wave ((B)) bounce against 7/03/2018 peak ($75.27). Primary wave ((C)) lower currently remains in progress as Elliott Wave impulse structure looking for more downside. Down from $71.13...
USDCAD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.3289. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDJPY’s upside movement from 110.58 extended to as high as 112.15. Further rise is still possible and next target would be at 112.40 area. Support is at 111.25, only break below this level could bring the price...
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. Another fall towards 0.7330 would likely be seen in the coming days. Resistance is at the falling trend line on the 4-hour chart, a clear break...
GBPUSD continued its sideways movement in a trading range between 1.3070 and 1.3213. Key support is at 1.3070, as long as this level holds, the sideways movement could be treated as consolidation for the uptrend from 1.2957...
EURUSD moved sideways in a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 1.2555 (Feb 16 high), a breakdown below the bottom support trend line of the triangle pattern...
Nifty Elliott wave analysis suggests that the rally to 11171.55 high ended primary wave ((3)). Down from there, the decline to 9951.9 low ended primary wave ((4)) pullback. The internals of that pullback unfolded as Elliott wave double three structure with...
USDCAD extended its downside movement from 1.3289 to as low as 1.2981. 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...
