The EUR/USD pair initially went sideways on Tuesday, but then broke down a bit to reach towards the 1.1350 level. I believe that there is a much more significant support level in the 1.13 region, so I’m...
The AUD/USD pair initially went sideways during the day on Tuesday, then collapsed to reach towards the 0.76 level underneath. The market looks very negative, as the selloff has been rather brutal. Because of this, the market...
After consolidation, USDCAD continued its bearish movement from 1.3347 and the fall extended to as low as 1.2912. Near term resistance is at the top trend line of the price channel on its 4-hour chart. As long...
USDJPY stays above the rising trend line on its 4-hour chart and remains in uptrend from 108.81. As long as the pair is above the trend line, the uptrend could be expected to continue and next target...
AUDUSD broke below the rising support trend line on the 4-hour chart and is now in downtrend from 0.7712. Deeper decline is possible and next target would be at 0.7555, followed by 0.7535. Near term resistance is...
GBPUSD is facing the support of the ascending trend line on its 4-hour chart. As long as the pair is above the trend line, the fall from 1.3029 could be treated as consolidation of the uptrend from...
EURUSD is in consolidation of the uptrend from 1.1118. Range trading between 1.1290 and 1.1445 would likely be seen in a couple of days. As long as the 1.1290 key support holds, the uptrend from 1.1118 could...
USDJPY has been trending higher recently, moving inside an ascending channel on its 1-hour time frame. Price just bounced off the resistance and could be due for a test of support near the 112.50 minor psychological level...
There has been a lot of headlines lately as the world’s new favorite cryptocurrency Ethereum (ETHUSD) soared +5,000% in value before the price dropped and it’s currently still up over 3,500%. Ethereum was only developed two years ago while bitcoin’s...
Short term EURJPY Elliott Wave view suggests the decline to 122.35 on 6/15 low ended Intermediate wave (X). Rally from there is unfolding as an impulse Elliott Wave structure with extension. This 5 wave move could be Minor wave A...
