Palladium reached a high of $1249.40 today, it is already up 53% since August 2018 but has now reached 100% Fibonacci extension from the all time low. It has also reached 100% Fibonacci extension up from 2003...
GBPUSD Today we expect a rebound from the zone of 12% and an increase to the zone of 16%. In case of fixation below the 12% zone, we expect a decline to the level of the weekly...
USDCAD’s downside movement from 1.3664 extended to as low as 1.3241. Further decline is still possible and next target would be at 1.3200 area. Resistance is at 1.3330, above this level could bring the price back to...
USDJPY is testing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 105.05 would possibly be consolidation for the downtrend from 113.70, another fall...
AUDUSD extended its upside movement from 0.6765 to as high as 0.7171. Further rise is still possible and next target would be at 0.7300 area. Near term support is at 0.7100, a breakdown below this level could...
GBPUSD failed to break above 1.2814 resistance and pulled back from 1.2796. However, another rise to test this resistance is possible after a minor consolidation, above here would aim 1.2900 area. Support is at 1.2700, below this...
EURUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.1303. As long as the trend line support holds, the upside movement could be expected to continue and next target...
Short term Elliott Wave view in SPX suggests that the decline to 2346.58 ended wave (3). The Index is currently correcting in wave (4) as a double three Elliott Wave structure. Up from 2346.58, wave W ended...
Welcome traders, today we will look at a couple of Apple (APPL) charts. After plunging almost 10% on January 3rd, has the tech giant reached a bottom? And do we really have to depend on news to be on the...
In this updated article and video below, we will follow up our view on Japanese Yen outlook in 2019. We wrote an article in late December last year titled “Will Yen Continue to Outperform in 2019?” In...