US Dollar has been rallying strongly against Swedish Krona and Singapore Dollar for the past couple of months and have broken above significant peaks so in this blog, we would take a look at the cycles and...
The world’s largest medical cannabis producer by market cap, Canopy Growth (NYSE : CGC) reported earning two weeks ago. While revenue surged by nearly 250% year over year to 90.5 million Canadian dollars, it was down 59% from the previous...
Hello fellow traders. In today’s blog, we will have a look at the BMW stock. In my previous blog, we discussed the possibility in the Daimler stock and why the biggest rival is under pressure and should remain...
USDCAD broke above the falling price channel on the 4-hour chart, suggesting that the uptrend from 1.3015 has resumed. Further rise could be expected over the next several days and next target would be at 1.3400 area....
USDJPY stays in a rising price channel on the 4-hour chart and remains in the short term uptrend from 104.44. As long as the channel support holds, the upside movement could be expected to continue and next...
AUDUSD is forming a triangle pattern on the 4-hour chart. The triangle pattern is likely consolidation for the downtrend from 0.7081, a breakdown below the lower border of the triangle pattern could trigger further downside movement to...
GBPUSD’s downside movement from 1.2309 extended to as low as 1.2136. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
EURUSD extended its downside movement from 1.1164 to as low as 1.0963, breaking below 1.1026 support. Further decline is still possible after a minor consolidation and next target would be at 1.0900 area. Near term resistance is...
USDCAD remains in the uptrend from 1.3015, the price action from 1.3344 is likely consolidation for the uptrend. As long as 1.3184 key support holds, the upside movement could be expected to continue and next target would...
USDJPY is facing 106.97 resistance, a break above this level could trigger further upside movement towards the falling trend line on the daily chart. On the downside, as long as the trend line resistance holds, the downtrend...
