USDCAD remains in the downtrend from 1.3174, the bounce from 1.2887 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.2800 area. Resistance is...
USDJPY extended its upside movement from 109.77 to as high as 111.82. Near term support is at the bullish trend line on the 4-hour chart. As long as the trend line support holds, the uptrend could be...
AUDUSD failed to break above 0.7381 resistance and pulled back to 0.7275. Lengthier sideways movement in a trading range between 0.7202 and 0.7381 could be expected in the coming days.
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3362 had completed at 1.2661 already. The pair is now in uptrend, further rise could be expected and next target...
EURUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1301. As long as the trend line support holds, the fall from 1.1733 could be treated as consolidation of the...
S&P500 Mini Futures ticker symbol: $ES_F short-term Elliott wave view suggests that the decline to $2803.34 low ended Minor wave 4 pullback. The internals of that pullback unfolded as Elliott wave zigzag correction. The lesser degree Minute...
NASDAQ ticker symbol: $NQ_F short-term Elliott wave analysis suggests that the rally from 7/30 low ($7167.75) to $7505.25 high ended Intermediate wave (1). The internals of lesser degree cycles within Intermediate wave (1) unfolded as 5 waves impulse...
USDCAD extended its downside movement from 1.3174 to as low as 1.2949, breaking below 1.2961 support. Further decline could be expected after a minor consolidation and next target would be at 1.2800 area. Resistance is at 1.3030,...
USDJPY remains in the uptrend from 109.77, the fall from 111.48 is likely consolidation for the uptrend. Further rise is still possible after the consolidation and next target would be at 112.50 area. Support is at 110.80,...
AUDUSD is facing 0.7381 resistance, a break of this level could trigger further bullish move to 0.7450 area. Near term support is at 0.7290, only a breakdown below this level could bring the price back towards 0.7202...
