USDJPY’s bounce from 107.81 extended to as high as 108.71, breaking above 108.61 resistance. Further rally could be expected and next target would be at 109.00 area. However, as long as 109.00 resistance holds, the bounce could...
AUDUSD broke below 0.6962 key support, suggesting that the upside movement from 0.6864 had completed at 0.7021 already. Further decline could be expected in the coming days and next target would be at 0.6900 area. Near term...
GBPUSD broke below 1.2668 support, suggesting that the short term uptrend from 1.2558 had completed at 1.2762 already. Further decline could be expected in the coming days and next target would be at 1.2558 previous low. Near...
EURUSD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.1116. As long as the trend line support holds, the pullback from 1.1347 could be treated as consolidation for the...
USDCAD broke below 1.3357 support and dropped sharply to as low as 1.3240. Further decline is still possible after a minor consolidation and next target would be at 1.3200 area. Near term resistance is at 1.3320, a...
USDJPY moved sideways in a trading range between 107.81 and 108.61. As long as 108.61 resistance holds, the downtrend from 110.67 could be expected to resume and further decline to 107.00 area is possible after the consolidation....
AUDUSD’s upside movement from 0.6864 extended to as high as 0.7021. Further rise is still possible and next target would be at 0.7050 area. Key support is at 0.6962, only a breakdown below this level would indicate...
GBPUSD extended its upside movement from 1.2558 to as high as 1.2762. Key support is at 1.2668, as long as this level holds, the upside movement could be expected to continue and next target would be at...
EURUSD extended its upside movement from 1.1116 to as high as 1.1347. As long a the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
Microsoft: More Upside within the Super Cycle Degree Microsoft (MSFT) has been in a tremendous rally since the lows at 2009. Without a question, the stock is developing into a nice 5 waves advance. The Elliott Wave...
