USDJPY broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 109.38 had completed. Further rally would likely be seen and next target would be at 109.00 area. Near term support...
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.5979 had completed at 0.6444 already. Deeper decline would likely be seen in a couple of days and next target...
GBPUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 1.2164 had completed at 1.2647 already. Further decline would likely be seen in the coming days and next target would...
EURUSD broke below 1.0892 support, suggesting that the upside movement from 1.0768 had completed at 1.0990 already. Further decline would likely be seen and next target would be at 1.0768 support. Near term resistance is at 1.0950,...
Indonesian Rupiah eased to 15,800 per US dollar last Friday after inching closer to break the 1998 Asia crisis peak at Rp 16,850. The high this month at Rp 16,738 came very close to break the previous...
In this technical blog, we are going to take a look at the past performance of EURCAD, Daily cycle Charts that we presented to our members. In which, the major decline from 19 March 2019 peak showed...
Short Term Elliott Wave View suggests rally in Tesla (Ticker: TSLA) from April 3 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from April 3 low, wave 1 ended at 547.97. Wave 2 pullback...
Continuing along the theme of Corona Virus stocks, Co-Diagnostics is next up in line. Co-Diagnostics Inc. is one of those names that has also gone parabolic with the COVID-19 spreading worldwide. It still remains very technical, and...
USDCAD’s downside movement from 1.4348 extended to as low as 1.3854. Further decline would likely be seen after a minor consolidation and next target would be at 1.3750 area. Near term resistance is at 1.4000, above this...
USDJPY’s downside movement from 109.38 extended to as low as 106.92. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
