GBPUSD extended its upside movement from 1.2164 to as high as 1.2558, breaking above 1.2485 resistance. Further rise would likely be seen and next target would be at 1.2700 area. Near term support is at 1.2425, a...
EURUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.0768. As long as the channel support holds, the pullback from 1.0967 could be treated as consolidation for the uptrend,...
Hello fellow traders. XLV 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 XLV, published in members area of...
Deutsche Lufthansa AG is the largest german airline being part of the DAX30 index. Moreover, the company is the second largest company in Europe in terms of passengers carried. However, the stock price of Lufthansa has not...
In this article, we will look at DELTA AIRLINES (DAL) to make sense of the recent huge volatility in the stock market caused by Corona virus pandemic which has now spread to over 200 countries in the...
EURJPY Technical Analysis On March 30/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “Will be watching for possible selling opportunities $EURJPY” EURJPY 1 Hour Chart March 30.2020 : The chart below was also posted on social media (StockTwits/Twitter)...
USDCAD’s fall from 1.4348 extended to as low as 1.3922, facing the support level at 1.3920, a breakdown below this level could trigger further downside movement to 1.3800 area. Near term resistance is at 1.4080, above this...
USDJPY’s fall from 109.38 extended to as low as 107.99. However, the fall is likely corrective consolidation for the uptrend from 106.91, another rise towards 111.00 could be expected after the consolidation and a break of 108.60...
AUDUSD extended its upside movement from 0.5979 to as high as 0.6367. 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...
GBPUSD is facing 1.2485 resistance, a break of this level could trigger further upside movement towards 1.2800 area. Near term support is at 1.2355, a breakdown below this level could bring the price back towards 1.2100.
