GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2073. As long as the channel support holds, the upside movement could be expected to continue and next target would...
EURUSD’s upside movement from 1.0870 extended to as high as 1.1362. 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 target...
Short Term Elliott Wave view in EURUSD suggests cycle from 5.14.2020 low is unfolding as a 5 waves Impulse Elliott Wave structure. Up from 5.14.2020 low, wave 1 ended at 1.1 and pullback in wave 2 ended...
The next entry in the theme of Corona Virus stocks is DocuSign. Biotech is not the only sector benefitting greatly from the COVID-19 oubreak, software is also making huge gains in some stocks. I am finding new...
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4048. Further decline could be expected after a minor consolidation and next target would be at 1.3350 area. Near term...
After consolidation, USDJPY broke above 108.08 resistance and extended its upside movement from 105.98 to as high as 109.04. Further rise is still possible after a minor consolidation and next target would be at 110.00 area. Near...
AUDUSD’s upside movement from 0.6401 to as high as 0.6983. Further rise would likely be seen and next target would be at 0.7100 area. Near term support is at 0.6850, a breakdown below this level could bring...
GBPUSD extended its upside movement from 1.2073 to as high as 1.2615 and is now facing 1.2647 resistance, a breakout of this level could trigger further upside movement to 1.2800 area. Near term support is at 1.2475,...
EURUSD extended its upside movement from 1.0766 to as high as 1.1257. The upside movement could be expected to continue and next target would be at 1.1300 area. Near term support is at 1.1180, a breakdown below...
USDJPY extended the rally this week and exceeded the peak seen on 20th May 2020. In this article, we would look at the forecast from start of the week and how we called it higher. We will...
