USDCAD’s upside movement from 1.3112 extended to as high as 1.3456. Further rise could be expected after a minor consolidation and next target would be at 1.3500 area. Support is at 1.3380, only a breakdown below this...
USDJPY broke below 111.60 support, suggesting that lengthier consolidation for the uptrend from 108.49 is underway. Deeper decline would likely be seen and the target would be at bullish trend line on the 4-hour chart. Resistance is...
AUDUSD’s downside movement from 0.7198 extended to as low as 0.7020. Further decline is still possible after a minor consolidation and next target would be at 0.6950 area. Resistance is at 0.7070, only a break of this...
GBPUSD remains in the downtrend from 1.3350, the bounce from 1.3097 is likely consolidation for the downtrend. As long as 1.3200 resistance holds, the downside movement could be expected to continue and next target would be at...
EURUSD remains in the downtrend from 1.1419, the bounce from 1.1285 is likely consolidation for the downtrend. Resistance is at 1.1340, as long as this level holds, the downside movement could be expected to continue and next...
Elliott Wave View: Further Strength in EURAUD Short Term Elliott Wave view in EURAUD suggests the rally from February 21, 2019 low (1.5736) is unfolding as a 5 waves diagonal. Up from 1.5736, wave 1 ended at...
USDCAD extended its upside movement from 1.3112 to as high as 1.3365. Further rise is still possible and next target would be at 1.3450 area. Support is at 1.3320, a breakdown below this level could bring the...
USDJPY remains in the uptrend from 108.49, the pullback from 112.13 is likely consolidation for the uptrend. Further rise is still possible after the consolidation and next target would be at 113.00 area. Support is at 111.60,...
AUDUSD extended its downside movement from 0.7198 to as low as 0.7051. Further decline is still possible after a minor consolidation and next target would be at 0.7000 area. Resistance is at 0.7100, only break above this...
GBPUSD’s fall from 1.3350 extended to as low as 1.3097. Further decline is still possible after a minor consolidation and next target would be at 1.3040 area. Resistance is at 1.3200, only break above this level could...
