USDCAD continued its sideways movement in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the price action in the trading range could be treated as consolidation for the uptrend from 1.3133, further...
USDJPY broke below 107.49 support, suggesting that the upside movement from 104.44 had completed at 108.47 already. Further decline could be expected and next target would be at 106.00 area. Near term resistance is at 107.80, above...
AUDUSD stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 0.6894. As long as the channel resistance holds, the downside movement could be expected to continue and further decline to...
GBPUSD broke below the bottom support trend line of the price channel on the 4-hour chart, deeper decline to test 1.2392 support is possible, below this level would indicate that the upside movement from 1.1958 had completed...
EURUSD broke below 1.0990 support and extended its downside movement from 1.1109 to as low as 1.0966. Further decline is still possible and next target would be at 1.0940 area. Near term resistance is at 1.1025, above...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of GBPNZD, published in members. As our members know, GBPNZD recently corrected cycle from the 07/30 low. Pull...
Hello fellow traders. In today’s blog, we will have a look at the Lufthansa AG stock. The stock is listed in the DAX 30. Lufthansa AG is the biggest German airline and has a lot of subsidiaries. And when combining...
The TLT Longer Term Cycles and Elliott Wave Analysis Firstly the ETF fund TLT inception date was on July 22, 2002. This instrument seeks to track the investment results of an index composed of or in U.S. Treasury bonds...
Bank Of America (NYSE: BAC) recovered 50% of the 2008 financial crisis crash while majority of banks already rallied back to new all time highs. The stock is still showing positive signs as the rallies taking place...
USDCAD moved sideways in a trading range between 1.3230 and 1.3309. As long as 1.3230 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.3133, further rise to 1.3360 area is still...
