USDJPY moved sideways in a trading range between 109.53 and 110.02. As long as 109.53 support holds, the price action in the trading range could be treated as consolidation for the uptrend, further rise to 110.50 area...
AUDUSD is facing 0.6710 resistance, a break of this level could trigger another rise towards 0.6760. On the downside, as long as 0.6710 resistance holds, the downtrend from 0.7031 could be expected to continue and next target...
GBPUSD’s downside movement from 1.3209 extended to as low as 1.2871. Further decline would likely be seen after a minor consolidation and next target would be at 1.2800 area. Near term resistance is at 1.2960, a break...
EURUSD continued its downside movement from 1.1095 and the fall extended to as low as 1.0907. Further decline is still possible after a minor consolidation and next target would be at 1.0850 area. Near term resistance is...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of IYR published in members area of the Elliottwave-Forecast . As our members know, IYR is showing incomplete...
USDCAD extended its upside movement from 1.2951 to as high as 1.3320. Further rise would likely be seen after consolidation and next target would be at 1.3350 area. Support is at 1.3262, a breakdown below this level...
USDJPY extended its upside movement from 108.30 to as high as 110.02. Further rise is still possible after a minor consolidation and next target would be at 110.50 area. Support is at 109.53, a breakdown below this...
AUDUSD broke below 0.6678 support, suggesting that the downtrend from 0.7031 has resumed. Further decline could be expected after a minor consolidation and next target would be at 0.6600 area. Near term resistance is at 0.6710, a...
GBPUSD extended its downside movement from 1.3209 to as low as 1.2881. Further decline is still possible after a minor consolidation and next target would be at 1.2800 area. Near term resistance is at 1.2960, a break...
EURUSD extended its downside movement from 1.1095 to as low as 1.0942. Further decline is still possible after a minor consolidation and next target would be at 1.0900 area. Near term resistance is at 1.0985, a break...
