GBPUSD Daily Analysis – August 26, 2019
GBPUSD extended its upside movement from 1.2014 to as high as 1.2293. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
Month: August 2019
EURUSD Daily Analysis – August 26, 2019
EURUSD broke above 1.1113 resistance, suggesting that the downside movement from 1.1249 had completed at 1.1051 already. Further rally could be expected and next target would be at 1.1200 area. Near term support is at 1.1110, below...
USDCAD Weekly Analysis – August 25, 2019
USDCAD stays above a rising trend line on the daily chart and remains in the uptrend from 1.3015. As long as the price is above the trend line, the upside movement could be expected to continue, and...
USDJPY Weekly Analysis – August 25, 2019
USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD Weekly Analysis – August 25, 2019
AUDUSD remains in the downtrend from 0.7081, the price action in the trading range between 0.6677 and 0.6821 could be treated as consolidation for the downtrend. As long as 0.6821 resistance holds, the downtrend could be expected...
GBPUSD Weekly Analysis – August 25, 2019
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD Weekly Analysis – August 25, 2019
EURUSD failed to break below 1.1026 support and stays in a trading range between 1.1026 and 1.1249. As long as 1.1249 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
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Just yesterday — even this morning! — it seemed that stocks were finally out of the woods. But as I’m typing this… Our friends at Elliott Wave International had a hunch this would happen. Here’s what their Short...
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With the recent stock market volatility, millions of investors are wondering what’s next. And the fact that the typically wild fall season is approaching only makes it worse. Our friends at Elliott Wave International — who are...
USDCAD Daily Analysis – August 23, 2019
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the upside movement could be expected to continue and a break...