USDCAD broke above 1.3467 resistance, suggesting that the uptrend from 1.3068 has resumed. Further rise could be expected in a couple of weeks and next target would be at 1.3650 area. Near term support is at 1.3400,...
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 105.05. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD broke below the rising trend line on the daily chart, suggesting that the upside movement from 0.7003 had completed at 0.7205 already. Further decline could be expected in the coming days and next target would be...
GBPUSD broke below 1.2960 support, suggesting that the upside movement from 1.2396 had completed at 1.3381 already. Further decline could be expected in a couple of weeks and next target would be at 1.2600 area. Resistance is...
EURUSD broke below 1.1176 support and extended its downside movement from 1.1570 to as low as 1.1110. Further decline is still possible after a minor consolidation and next target would be at 1.1000 area. Near term resistance...
In today’s blog, we will have a look at the latest price action of the Caterpillar. Caterpillar is an American company which has its headquarter in Deerfield Illinois. Caterpillar is one of the largest construction equipment manufacturer...
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of GOLD published in members area of the website. GOLD has had incomplete sequences in the cycle from the February...
Trading is a profession that many enter with big dreams, we all have been guilty one way or the other of the illusion of making a living out of trading. Many aspects are part of a trader...
JPMorgan Chase (NYSE: JPM) is the largest bank in the United State. It is a multinational banking and financial service provider that was formed as a result of a merger of several banking companies in 1996. The Banking...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of DJI Mini Futures ( $YM_F ). As our members know DJI is showing incomplete bullish sequences in...
