After consolidation, USDJPY continued its downside movement from 114.49 and the fall extended to as low as 108.33. Further decline to test 108.13 (Apr 17 low) key support is still possible, a breakdown below this level could...
AUDUSD broke above 0.7962 resistance, indicating that the uptrend from 0.7807 has resumed. Further rise could be expected in a couple of days, and next target would be at 0.8030 area. Support is at 0.7866, only a...
GBPUSD is now in uptrend from 1.2774. Further rise is still possible and next target would be at 1.3000 area. Near term support is at 1.2870, only a breakdown below this level will indicate that correction for...
EURUSD remains in the uptrend from 1.1662. Further rise could be expected in a couple of days and next target would be at 1.2165 area. Near term support is at 1.1900, as long as this level holds,...
BBY Best Buy Inc. earnings report due to this week, the 29th of August. Before we get into the details few words about the company we are about to analyze. According to Wikipedia, Best Buy Co. (NYSE:...
Royal Gold (NASDAQ: RGLD) is one of the world’s leading precious metals royalty & stream companies, it’s engaged in the acquisition and management of gold, silver, copper, lead and zinc. The Company owns interests on 194 properties in...
Since the decline starting from year 2000, the world has been calling for a huge crash in world indices. The world indices did in fact corrected nicely in the year 2000 and 2009. The correction took the...
EURGBP formed a double bottom pattern on its daily chart, with neckline at 0.8851 and measured move target at around 0.9400. After breaking above the neckline resistance, the pair extended its bullish movement to as high as...
NZDJPY recently broke below support at the 79.50 minor psychological level then dipped to the 78.50 mark. Price pulled up from there and applying the Fibonacci retracement tool on the latest swing high and low on the...
USDCAD stays in a bearish price channel on its 4-hour chart and remains in the short term downtrend from 1.2778. As long as the price is in the channel, the downtrend could be expected to continue and...
