AUDUSD is facing 0.6661 support, a breakdown below this level could trigger further downside movement to 0.6600 area. Near term resistance is at 0.6700, a break of this level could bring the price back towards the top...
GBPUSD is now in the downtrend from 1.3069, further decline could be expected in a couple of days and next target would be at 1.2871 support. Resistance is at 1.3069, a break of this level could trigger...
EURUSD remains in the downtrend from 1.1095, further decline would likely be seen after a minor consolidation and next target would be at 1.0700 area. Key resistance is at 1.0661, a break of this level could bring...
$SLV Ishares Silver Trust Larger Cycles and Elliott Wave Firstly there is data back to when the ETF fund began in 2006 as seen on the weekly chart shown below. The fund made a low in 2008 that...
Short term Elliott wave view in EURUSD suggests the cycle from December 31, 2019 high is unfolding as an impulse wave. Down from December 31, wave (1) ended at 1.0991 low and the bounce in wave (2)...
Bristol-Myers Squibb (NYSE: BMY) is an American pharmaceutical company which manufactures prescription pharmaceuticals and biologics in several therapeutic areas with particular success in cardiovascular treatments. Since 2008, BMY established an impulsive rally taking the stock to new all time highs...
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2951 had completed at 1.3328 already. Further decline would likely be seen and next target would be at 1.3180 area....
USDJPY stays in a trading range between 109.53 and 110.13. The price action in the trading range is likely consolidation for the uptrend from 108.30, a breakout of 110.13 resistance could trigger further upside movement towards 110.50....
AUDUSD failed to break above the resistance of the price channel on the 4-hour chart and pulled back from 0.6749. Further decline would likely be seen and next target would be at 0.6600 area. Near term resistance...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2871 had completed at 1.3069 already. Further decline would likely be seen and next target would be at 1.2871 support....
