AUDUSD’s downside movement from 0.7205 extended to as low as 0.6984. Deeper decline is still possible and next target would be at 0.6900 area. Near term resistance is at 0.7070, a break of this level could trigger...
GBPUSD broke above the falling trend line on the daily chart, suggesting that the downside movement from 1.3381 had completed at 1.2865 already. Further rally could be expected and next target would be at 1.3381 resistance. Near...
EURUSD stays below a bearish trend line on the daily chart and remains in the downtrend from 1.1570. As long as the price is below the trend line, the downside movement could be expected to continue and...
USDCAD broke above 1.3430 resistance, suggesting that the downside movement from 1.3520 had completed at 1.3376 already. Further rise to test 1.3520 resistance would likely be seen in the coming days, a break of this level would...
USDJPY broke below the price channel on the 4-hour chart, suggesting that the uptrend from 109.70 had completed at 112.40 already. Further decline could be expected and next target would be at 110.50 area. Resistance is at...
AUDUSD is facing 0.6988 support, a breakdown below this level could signal resumption of the downtrend from 0.7205, then further decline to 0.6900 area could be seen. Near term resistance is at 0.7015, a break of this...
GBPUSD is in the uptrend from 1.2865, the pullback from 1.3102 is likely consolidation for the uptrend. Range trading between 1.2950 and 1.3102 would likely be seen in a couple of days. As long as 1.2950 support...
EURUSD is now in the uptrend from 1.1110, the fall from 1.1262 would possibly be corrective consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.1300 area. Near...
VanEck Vectors Semiconductor ETF (SMH) tracks a market-cap-weighted index of US-listed semiconductors companies. Such companies include big technology names like Intel (INTC: NASDAQ) and Nvidia (NVDA: NASDAQ). The ETF is currently up +30% year-to-date making new all time highs...
S&P Metals & Mining ETF, XME In the immediate term price action for XME we’re seeing an interesting setup that is projecting more lows to come. At EWF we use a proprietary pivot and cycle analytical method...
