AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 0.6749 had completed at 0.6433 already. Support is at 0.6550, as long as this level holds, further rally could be...
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3017 had completed at 1.2725 already. Further rally would likely be seen and next target would be at 1.2900 area....
EURUSD stays above the bullish trend line on the 4-hour chart and remains in the uptrend from 1.0778. As long as the trend line support holds, the upside movement could be expected to continue and next target...
Peloton ($PTON) had a very nice run before topping December 2019, and could be ready for the next leg up. The caveat with analyzing companies that have recently gone public is there is not much history to...
USDCAD broke below the support of the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.3201 had completed at 1.3463 already. Further decline would likely be seen and next target would be...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 112.22. As long as the trend line resistance holds, the downside movement could be expected to continue and a breakdown...
AUDUSD failed to break above the resistance of the falling trend line on the 4-hour chart, suggesting that the pair remains in the downtrend from 0.6749. As long as the trend line resistance holds, the bounce from...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3017. As long as the trend line resistance holds, the bounce from 1.2725 could be treated as consolidation for the...
EURUSD extended its upside movement from 1.0778 to as high as 1.1184. 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...
AUDJPY sank to 11 year low last week as the market is pricing in a drastically lower Australia’s growth outlook. The coronavirus outbreak around the world has disrupted everything from travel, supply chain, and daily activities. The...
