GBPUSD extended its upside movement from 1.2251 to as high as 1.2902, breaking above 1.2812 resistance. Further rise could be expected after a minor consolidation and next target would be at 1.3000 area. Near term support is...
EURUSD continued its upside movement from 1.1184 and the rise extended to as high as 1.1781. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected...
The BEL20 Index Longer Term Swings and Cycles Firstly the BEL20 Index has trended higher with other world indices since the benchmark was established. The index remained in a long term bullish trend cycle into the May 2007...
Glencore plc is a British commodity trading and mining company. Marc Rich has founded the company 1974 which has its headquarters in Baar, Switzerland. Traded under tickers $GLEN at LSE and $GLNCY in US in form of...
USDCAD extended its downside movement from 1.3715 to as low as 1.3350. Deeper decline to test 1.3314 support could be expected, a breakdown below this level could trigger further downside movement towards 1.3200. Near term resistance is...
USDJPY extended its downside movement from 108.16 to as low as 105.68, breaking below 106.07 support. Further decline would likely be seen after consolidation and next target would be at 105.00 area. Near term resistance is at...
AUDUSD remains in the uptrend from 0.6776, the pullback from 0.7182 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...
GBPUSD’s upside movement from 1.2251 extended to as high as 1.2802. Further rise is still possible and next target would be at 1.2900 area. Near term support is at 1.2640, below this level would indicate that consolidation...
EURUSD extended its upside movement from 1.1184 to as high as 1.1657. 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...
USDCAD stays in a falling price channel on the daily chart and remains in the downtrend from 1.4667. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
