USDJPY is facing 108.08 resistance, a breakout of this level could take the price to 109.00 area. Support level is at 107.00, a breakdown below this level could trigger another downside movement towards 106.00.
AUDUSD broke above 0.6569 resistance, suggesting that the uptrend from 0.5507 (Mar 19 low) has resumed. Further rise could be expected in the coming days and next target would be at 0.6700 area. Near term support is...
GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.2642 had completed at 1.2073 already. Further rally would likely be seen and next target would be at 1.2466 resistance....
EURUSD extended its upside movement from 1.0774 to as high as 1.0976. Further rise is still possible and next target would be at 1.1018 resistance. Near term support is at 1.0900, a breakdown below this level could...
Shopify (NYSE: SHOP) is one of the best performing technology stocks since its IPO back in 2015. As electronic commerce boomed in recent years, SHOP saw an enormous gain in value up to 2900% punting the stock as one...
Short Term Elliott Wave view in SPY (S&P 500 ETF) suggests the rally from 3.23.2020 ended at 296.77 as wave ((1)). Pullback in wave ((2)) is proposed complete at 273.07 as the 30 minute chart below shows....
USDCAD failed to break above the resistance of the falling trend line on the 4-hour chart and pulled back from 1.4140. Deeper decline is still possible and next target would be at 1.3849 support. Near term resistance...
USDJPY broke above 107.43 resistance, suggesting that the uptrend from 105.98 has resumed. Further rally would likely be seen and next target would be at 108.08 resistance. Support is at 106.74, only break below this level could...
AUDUSD continued its sideways movement in a trading range between 0.6372 and 0.6569. The price action in the range is likely consolidation for the uptrend from 0.5507 (Mar 19 low), a breakout of 0.6569 resistance could take...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.2642. As long as the trend line resistance holds, the bounce from 1.2073 could be treated as consolidation for the...
