USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 101.17. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD is facing 0.5985 resistance, a break of this level could signal resumption of the uptrend from 0.5507, then further rise towards 0.6200 could be seen. Near term support is at 0.5650, only break below this level...
GBPUSD moved sideways in a trading range between 1.1409 and 1.1933. The price action is likely consolidation for the downtrend from 1.3199. Key resistance is at 1.2250, only break above this level could signal completion of the...
EURUSD is facing 1.0831 resistance, a break of this level could trigger further upside movement towards the bearish trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.0635 could...
In this blog, we are going to take a look at the Elliottwave chart of USDNOK. The chart from March 13 London update shows that the cycle from March 9, 2020 low unfolded as 5 waves impulsive...
Hello fellow traders. USDX is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDX, published in members area of...
U.S Dollar demand is so high as a result of the corona virus pandemic that now there’s a squeeze in the credit market. The dollar soared this week as investors liquidated positions across a broad range of...
USDCAD remains in the uptrend from 1.3201, the pullback from 1.4667 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...
USDJPY extended its upside movement from 101.17 to as high as 111.50. 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...
AUDUSD is now in the uptrend from 0.5507, the pullback from 0.5985 is likely corrective consolidation for the uptrend. Further rise could be expected after the consolidation, and a break of 0.5985 resistance could trigger further upside...
