GBPUSD is facing 1.2960 support. A breakdown below this level would indicate that the upside movement from 1.2396 had completed at 1.3381 already, then further decline to 1.2600 area could be seen. On the upside, as long...
EURUSD failed to break below 1.1176 support and stayed in a trading range between 1.1176 and 1.1448, suggesting that lengthier consolidation for the downtrend from 1.1815 is needed. As long as 1.1448 key resistance holds, the downside...
USDCAD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3450 had completed at 1.3283 already. Further rally could be expected after a minor consolidation and next target would be...
USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 111.82 had completed at 110.84 already. The pair is now facing 111.82 resistance, a break of this level could take...
AUDUSD extended its upside movement from 0.7052 to as high as 0.7174, breaking above 0.7168 resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected...
GBPUSD stays in a triangle pattern on the 4-hour chart. As long as 1.2960 support holds, the price action in the triangle could be treated as consolidation for the uptrend from 1.2396 (Jan 3 low), a breakout...
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1183. Further rise could be expected in a couple of days and next target would be at 1.1300 area. Key...
Gold miners as a group is unpopular since it topped in 2011 together with Gold. One well-known Index which represents major Gold Miners is the GDX. The Index topped in 2011 at $67 and declined a massive...
Silver has been bouncing since making a marginal new low on April 4, 2019. We publish a free Chart Of The Day from visitors of our websites every day from Monday – Friday. We showed Silver 1...
Elliott Wave view on Facebook (ticker FB) suggests that the rally from March 19, 2019 low is unfolding as an impulse Elliott Wave structure. In the 1 hour chart below, we can see wave (2) of this impulse...
