GBPUSD is facing 1.2905 support, a breakdown below this level could signal resumption of the downtrend from 1.3514, then further decline to 1.2600 area could be seen. Near term resistance is at 1.3300, a break of this...
EURUSD is facing the key support level at 1.1066, a breakdown below would confirm that the upside movement from 1.0981 had completed at 1.1239 already, then another fall towards 1.0800 could be seen. On the upside, as...
In today’s article, we’ll be taking a look at the current Elliott Wave Structure for the world’s largest retailer Walmart (NYSE: WMT). Since August 2019, WMT rallied within an impulsive 5 waves advance which took the stock to...
Russell 2000 (RTY_F) shows a 5 waves impulse Elliott Wave structure from August 26, 2019 low. In the 45 minutes chart below, we can see wave (4) of the impulse structure ended at 1627.3. The Index has resumed...
USDCAD is testing 1.3028 support, a breakdown below this level could signal resumption of the downtrend from 1.3104, then further decline towards 1.2950 could be seen. Near term resistance is at 1.3080, a break of this level...
USDJPY broke above 110.20 resistance, suggesting that the uptrend from 107.65 has resumed. Further rise could be expected in a couple of days and next target would be at 110.50 area. Support is now at 109.78, a...
AUDUSD extended its upside movement from 0.6848 to as high as 0.6933. Further rise is still possible and next target would be at 0.6960 area. Near term support is at 0.6877, a breakdown below this level could...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3284. As long as the channel resistance holds, the downtrend could be expected to resume and further decline to 1.2850...
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.1085. As long as the channel support holds, the pullback from 1.1172 could be treated as consolidation for the uptrend...
Swiss Franc strengthens on Tuesday, January 14 2020, after the US Treasury Department added Switzerland to its watch list for countries labelled as “currency manipulator” alongside other countries such as Germany, Ireland, Italy, Japan, Malaysia, Singapore, South...
