GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3514. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD extended its downside movement from 1.1239 to as low as 1.0827, breaking below 1.0879 support. Further decline could be expected after a minor consolidation and next target would be at 1.0600 area. Near term resistance is...
Short term Elliott wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2020 low has ended as a 5 waves impulse Elliott Wave structure. Up from January 24 low, wave ((i)) ended at 9570 and...
By Elliott Wave International If financial history teaches anything, it’s that the most intense buying happens near a top. Likewise, climatic selling happens near a bottom. In other words: The crowd is usually on the wrong side...
USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2951. As long as the channel support holds, the pullback from 1.3328 could be treated as consolidation for the uptrend,...
USDJPY moved sideways in a trading range between 109.53 and 110.13. As long as 109.53 support holds, the price action in the range could be treated as consolidation for the uptrend, and further rise towards 110.50 is...
AUDUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, another fall towards 0.6600 could be expected. On the upside, a breakout of the channel resistance...
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.3209 had completed at 1.2871 already. Further rally would likely be seen and next target would be at 1.3150 area....
EURUSD extended its downside movement from 1.1095 to as low as 1.0827. Further decline is still possible after a minor consolidation and next target would be at 1.0750 area. Resistance is now at 1.0888, only break above...
Singapore Dollar SGD tumbled last week after Monetary Authority of Singapore (MAS) suggests that Singapore Dollar has room to depreciate. The statement came after the coronavirus infection spread to the territory and the central bank predicts it...
