AUDUSD broke below 0.7178 support and extended its downside movement from 0.7393 to as low as 0.7151. Further decline is still possible in the coming days and next target would be at 0.7100 area. Resistance levels are...
GBPUSD remains in the downtrend from 1.3174, the price action from 1.2475 is likely consolidation for the downtrend. As long as the prices are below the falling trend line on the 4-hour chart, the downside movement could...
EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline could be expected in the coming days and next target would be at 1.1200 area. Near term resistance is...
Hello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of CADJPY published in members area of The Website. As our members know CADJPY has the incomplete...
In this blog I want use the stock of AT&T (NYSE:T) to show you an outstanding example of our typical low risk trade setups using our Blue Box System. In our recent Group 3 Member Area updates...
USDCAD stays in a bullish price channel on the daily chart and remains in the uptrend from 1.2782. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY continued its sideways movement in a trading range between 111.37 and 114.54. The sideways movement is likely consolidation for the uptrend from 104.63. As long as the price is in the rising price channel on the...
AUDUSD broke below 0.7164 support, suggesting that the upside movement from 0.7020 had completed at 0.7393 already. Further decline is still possible next week and next target would be at 0.7050 area. Resistance is at 0.7280, a...
GBPUSD broke below 1.2661 support and extended its downside movement from 1.3298 to as low as 1.2475. Further decline is still possible after a minor consolidation and next target would be at 1.2300 area. Resistance is at...
EURUSD continued its sideways movement in a trading range between 1.1215 and 1.1500. As long as 1.1500 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1815 and further decline towards 1.1000...
