The AUD/USD pair continues to show strength, as we broke out during the day on Thursday. However, we did get a little bit overextended so I feel that the market will probably drop from here to find...
GBPAUD has formed lower highs and higher lows on its dailytime frame, creating a symmetrical triangle formation on the long-term chart. Price just bounced off the triangle resistance and could be due for another test of support....
Close(SL) Sell USD/JPY @ 113.192 By Signal Factory | Loss: -39 pips | 2017.02.03 03:37 GMT Provided by signalfactory.com
Buy USD/JPY @ 112.971 By Signal Factory | SL:112.571 | TP:113.771 | 2017.02.03 03:30 GMT Provided by signalfactory.com
By Elliott Wave International Just as there are patterns in price, there are also patterns in momentum indicators. These patterns can support your Elliott wave analysis and help you identify tradable moves in price. In this 10-minute...
USDCAD remains in downtrend from 1.3387, the rise from 1.2968 is likely consolidation of the downtrend. Key resistance is at 1.3168, as long as this level holds, the downtrend could be expected to continue, and next target...
USDJPY’s downward movement from 118.66 (Dec 15, 2016 high) extended to as low as 112.05. Further decline could be expected over the next several days, and next target would be at 110.00 area. Near term resistance is...
AUDUSD’s upward movement from 1.7159 (Dec 26, 2016 low) extended to as high as 0.7695. Key support is now at 0.7511, as long as this level holds, the uptrend could be expected to continue, and next target...
GBPUSD remains in uptrend from 1.1986, the price action from 1.2673 could be treated as consolidation of the uptrend. As long as 1.2412 support holds, the uptrend could be expected to continue, and next target would be...
EURUSD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0340. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.0900...
