USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 109.68 had completed at 107.77 already. Further rally could be expected in a couple of days and next target would be...
AUDUSD is facing the support of the bullish trend line on the 4-hour chart. As long as the trend line support holds, the fall from 0.7031 could be treated as corrective consolidation for the uptrend from 0.6754,...
GBPUSD broke above 1.3165 resistance, suggesting that the short term downtrend from 1.3284 had completed at 1.3053 already. Another rise towards 1.3400 would likely be seen over the next several days. Support is at 1.3053, only a...
EURUSD failed to break below the bullish trend line on the 4-hour chart and rebounded from 1.1125. Further rise could be expected and next target would be at 1.1239 resistance. Near term support is at 1.1165, below...
Hecla Mining (NYSE: HL) is a mining company engaged in the exploration and development of mineral properties also the mining and processing of silver, gold, lead and zinc. Since May 2019, HL established a strong reversal after it...
Barrick Gold Corporation (NYSE: GOLD) is the second-largest gold mining company in the world. As the precious metal price has been soaring recently, let’s take a look at the technical structure of the stock. GOLD established a major low...
Crude Oil prices jumped by more than $2 after US drone strike killed top Iranian general. Fears mount that Iran may target the oil industry infrastructure across the region in the event of further tit-for-tat escalation. Last...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of SUGAR ( $SB_F ) published in members area of the Elliottwave-Forecast.com . As our members know, SUGAR...
USDCAD remains in the downtrend from 1.3327. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.2951 could be treated as consolidation for the downtrend, and further decline...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 109.70. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
