USDJPY remains in the uptrend from 107.65. As long as 109.40 support holds, the pullback from 110.20 could be treated as consolidation for the uptrend, and further rise to 110.50 area is still possible after the consolidation....
AUDUSD is in consolidation for the downtrend from 0.7031, another fall to test 0.6850 support would likely be seen in the coming days, a breakdown below this level could trigger further downside movement to 0.6800 area. Near...
GBPUSD’s downside movement from 1.3284 extended to as low as 1.2954. Further decline is still possible and next target would be at 1.2900 area. Resistance is located at the bearish trend line on the 4-hour chart, a...
EURUSD remains in the downtrend from 1.1239. As long as the price is in the bearish price channel on the 4-hour chart, the bounce from 1.1085 could be treated as consolidation for the downtrend, and further decline...
Bank of Canada will have its first rate meeting this year on January 22. Recent strong jobs data and high inflation likely allows BOC to maintain a steady rate. Latest jobs report from Canada shows a strong...
Short Term Elliott Wave view on $DAX suggests the pullback to 12886.55 ended wave (4). Index has resumed higher in wave (5) and the internal subdivides into a 5 waves impulse Elliott Wave structure. Up from wave...
USDCAD is now in the downtrend from 1.3104, further decline would likely be seen in a couple of days and next target would be at 1.2980 area. Resistance is at 1.3104, only break above this level could...
USDJPY broke above 109.72 resistance and extended its upside movement from 107.65 to as high as 110.21. Further rise is still possible after a minor consolidation and next target would be at 110.50 area. Near term support...
AUDUSD’s upside movement from 0.6848 extended to as high as 0.6919. Further rally is still possible and next target would be at 0.6950 area. Support is at 0.6848, only a breakdown below this level could trigger another...
GBPUSD extended its downside movement from 1.3284 to as low as 1.2960. 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...
