USDJPY broke above the bearish price channel on the 4-hour chart and is now in uptrend from 112.30. Further rally could be expected after a minor consolidation and next target would be at 113.50 area. Support levels...
No changed in our view, AUDUSD remains in the downtrend from 0.7337, the bounce from 0.7201 could be treated as correction of the downtrend. Resistance is at 0.7280, as long as this level holds, the downtrend could...
GBPUSD broke above 1.2883 resistance. Further rally towards the falling trend line on the 4-hour chart is possible, and a breakout of the trend line would indicate that the downside movement from 1.3174 had completed at 1.2723...
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1215. As long as the trend line support holds, the upside movement could be expected to continue and next target...
CADJPY short-term Elliott wave view suggests that a bounce to 87.00 on 11/08/2018 high ended intermediate wave (X). Down from there, the decline unfolded as double three structure where Minute wave ((w)) ended at 85.44 low as...
We recently wrote an article explaining why Mr Jeff Bezos had nothing to worry about after being down $45B in October’s market sell off and also stated the obvious fact that trend in Amazon (AMZN) is up...
Tesla ticker symbol: $TSLA short-term Elliott wave view suggests that Minor wave 3 ended at $349.20 high. Down from there, a pullback to $328.50 low ended Minor wave 4. The internals of that pullback unfolded as a...
USDCAD pulled back from the top of the price channel on the 4-hour chart, suggesting that consolidation for the uptrend from 1.2782 is underway. Another fall towards the bottom of the channel could be expected in the...
USDJPY broke above the bearish price channel on the 4-hour chart, suggesting that the downside movement from 114.20 had completed at 112.30 already. Further rally is still possible after consolidation and next target would be at 113.50...
AUDUSD remains in the downtrend from 0.7337, the bounce from 0.7201 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and next target would be at 0.7100 area. Resistance is at...
