USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 108.16 (Jul 1 high). As long as the trend line resistance holds, the downtrend could be expected to resume, and...
AUDUSD remains in the uptrend from 0.6776 (Jun 15 low), the price action in the trading range between 0.7063 and 0.7242 is likely consolidation for the uptrend. As long as 0.7063 support holds, the upside movement could...
GBPUSD moved sideways in a trading range between 1.2980 and 1.3185. As long as 1.2980 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2251 (Jun 29 low), and further rise towards...
EURUSD remains in the uptrend from 1.1168 (Jun 19 low), the price action in the trading range between 1.1695 and 1.1916 is likely consolidation for the uptrend. As long as 1.1695 support holds, the upside movement could...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL , published in members area of the website. As our members know, commodities have been giving...
In this blog, we are going to take a look at the Elliott Wave chart of Facebook (FB). The 30 minutes pre-market chart from August 4, 2020 shows that the stock has rallied higher from wave (2)...
NZDUSD Technical Analysis August 8/2020 NZDUSD remains bullish as long as the June 22/2020 0.6378 low remains untouched. In this analysis of the NZDUSD pair, market patterns will be used to determine where price can possibly reverse...
USDCAD remains in the downtrend from 1.3715. As long as the price is in the falling price channel on the 4-hour chart, the bounce from 1.3233 could be treated as consolidation for the downtrend, and further decline...
No changed in our view, USDJPY remains in the downtrend from 108.16, as long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to resume, and further...
AUDUSD moved sideways in a trading range between 0.7063 and 0.7242. As long as the price is above the rising trend line on the 4-hour chart, the sideways movement could be treated as consolidation for the uptrend...
