AUDUSD broke above the upper border of the triangle pattern on the 4-hour chart. Further rally could be expected and next target would be at 0.6820 area. Near term support is at 0.6750, a breakdown below this...
GBPUSD bounced strongly from 1.1958, however, as long as the price is below the falling trend line on the 4-hour chart, the bounce could be treated as consolidation for the downtrend from 1.2309, another fall towards 1.1900...
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1164. As long as the trend line resistance holds, the bounce from 1.0925 could be treated as consolidation for the...
USDCAD broke above 1.3345 resistance. Further rise could be expected over the next several days and next target would be at 1.3400 area. Near term support is at 1.3310, a breakdown below this level could bring the...
USDJPY failed to break below the bottom of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 104.44. Further rise would likely be seen and next target would be at...
AUDUSD is facing the lower border of the triangle pattern on the 4-hour chart, below the pattern support could trigger further downside movement towards 0.6600. Near term resistance is at 0.6725, above this level could bring the...
GBPUSD is facing 1.2014 support, a breakdown below this level could trigger further downside movement towards 1.1900 area. Near term resistance is at 1.2090, above this level could bring the price back towards the falling trend line...
EURUSD extended its downside movement from 1.1164 to as low as 1.0934. Further decline could be expected after a minor consolidation and next target would be at 1.0900 area. Near term resistance is at 1.0985, above this...
Short Term Elliott Wave structure in 10 Year Notes (ZN_F) suggests the pullback to 129.28 ended wave 4. The note has resumed higher in wave V. The internal subdivision of wave V is unfolding as a 5...
Great Year for Precious Metals Year 2019 certainly has been a good year for the Gold bulls. The metal accelerated its rally after President Trump announced 10% tariffs on the remaining $300 billion of Chinese imports. China...
