USDCAD is facing 1.3540 resistance. A break of this level will indicate that the bearish movement from 1.3793 had completed at 1.3387 already, then the following bullish movement could bring price towards 1.3800. On the downside, as...
USDJPY breaks above 111.50 resistance, suggesting that the short term downtrend from 112.13 is complete. Further rally to test 112.13 resistance could be expected and a break through this level could take price to the next resistance...
AUDUSD broke below 0.7416 support and continued its short term bearish movement from 0.7517. Further decline to test 0.7328 support is possible in a couple days, a break through this level could take price to next support...
GBPUSD is facing the resistance of the ascending trend line at around 1.2930 on its 4-hour chart. As long as the pair is below the trend line, the bounce from 1.2769 could be treated as consolidation of...
EURUSD is facing 1.1267 resistance, a break of this level will confirm that the uptrend from 1.0569 (Apr 10 low) has resumed, then the following bullish movement could bring price into 1.1450 zone. Near term support is...
Short Term EURJPY Elliott Wave view suggests the rally from 4/16 low is unfolding as a double three Elliott Wave structure. Up from 4/16 (114.8) low, Intermediate wave (W) ended at 125.81 and Intermediate wave (X) ended at 122.53. A...
After hitting a new record of 2737, BTCUSD dropped sharply to as low as 1737. However, the fall would possibly be consolidation of the uptrend from 905. There is an ascending trend line from the March 25...
The USD/JPY pair had a volatile session on Wednesday, as we initially tried to break towards the 111.25 level above. However, we found too much resistance there and rolled right over to break down and go towards...
The USD/CAD pair initially fell slightly during the day on Wednesday, but then broke above the 1.35 handle. The market looks as if it is trying to break out again though, so if we can make a...
The GBP/USD pair initially fell during the Wednesday session, but turned around to form a massive bullish move. The fact that we did that and broke above the 1.29 level is a very bullish sign. We have...
