EURUSD extended its downside movement from 1.1095 to as low as 1.0823. Further decline is still possible and next get would be at 1.0750 area. Resistance is at 1.0861, a break of this level could bring the...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA. As our members know BABA has recently given us pull back against the 199.12 low. Pull...
USDCAD is facing the support of the rising price channel on the 4-hour chart. As long as the channel support holds, the fall from 1.3328 could be treated as consolidation for the uptrend, and further rise to...
USDJPY continued its sideways movement in a trading range between 109.53 and 110.13. The sideways movement is likely consolidation for the uptrend from 108.30, further rise to 110.50 area is possible after the consolidation. Support is at...
AUDUSD is testing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the price action from 06678 could be treated as consolidation for the downtrend from 0.7031, further...
GBPUSD extended its upside movement from 1.2871 to as high as 1.3069. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
EURUSD remains in the downtrend from 1.1095. As long as 1.0888 resistance holds, the downside movement could be expected to continue and next target would be at 1.0750 area. On the upside, a break of 1.0888 resistance...
USDCAD stays in a rising price channel on the daily chart and remains in the uptrend from 1.2951. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY remains in the uptrend from 104.44. As long as the price is in the rising price channel on the daily chart, the upside movement could be expected to continue and next target would be at 110.80...
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7031. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
