Elliott Wave View: CADJPY Selloff To Resume Short Term Elliott Wave view suggests that cycle from 11.8.2018 high (87) ended at 83.55 in Minor wave W and bounce to 85.27 ended Minor wave X. Pair has resumed...
The Brexit saga continues to unfold as Prime Minister Theresa May postponed Brexit deal vote in U.K Parliament last week. The cancellation happened after it becomes clear that May will lose the vote by large margin if...
Citigroup (NYSE:C) is the 3rd largest bank in the United States. Since the crash of 2008, its stock wasn’t able to recover 15% of that decline compared to other Banks like JP Morgan or Goldman Sachs. 2018 wasn’t...
USDCAD is facing 1.3444 resistance once again, a break of this level could trigger further upside movement towards 1.3500. Near term support is at 1.3365, a breakdown below this level could bring the price back towards 1.3200.
USDJPY broke below 113.00 support, suggesting that the upside movement from 112.23 had completed at 113.70 already. Further decline would likely be seen and next target would be at 112.00 area. Resistance is at 113.00, above this...
AUDUSD is facing 0.7200 resistance, a break of this level would indicate that lengthier consolidation for the downtrend from 0.7393 is needed, then further rise towards 0.7246 resistance could be seen. On the downside, as long as...
GBPUSD is in consolidation for the downtrend from 1.3174. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to resume and further decline towards 1.2400...
EURUSD broke above 1.1350 resistance, suggesting that the short term downtrend from 1.1442 had completed at 1.1269 already. Further rally would likely be seen in a couple of days and next target would be at 1.1420 area....
USDCAD moved sideways in a trading range between 1.3253 and 1.3444. The price action in the range is likely consolidation for the uptrend from 1.3159 and further rise towards 1.3500 is still possible. Support is at 1.3300,...
USDJPY remains in the uptrend from 112.23, the pullback from 113.70 is likely consolidation for the uptrend. As long as 113.00 support holds, the uptrend could be expected to continue and next target would be at 114.00...
