GBPUSD extended its upside movement from 1.2251 to as high as 1.2767. Further rise would likely be seen after a minor consolidation and next target would be at 1.2900 area. Near term support is at 1.2650, a...
EURUSD’s upside movement from 1.1184 extended to as high as 1.1542. Further rise is possible after a minor consolidation and next target would be at 1.1600 area. Support is located at the rising trend line on the...
In this blog, we are going to take a look at the Elliott Wave chart of Silver (XAGUSD). The 45 minutes London chart update from July 17 shows that the metal has ended cycle from July 2...
Gold prices continue to extend higher as the EU sets to announce a historic €750 billion coronavirus stimulus. The US Congress is also debating for a new aid package to counter the economic effects of the pandemic. With...
DXY 1 hour chart below shows that the index has continued to extend lower and can see more downside before ending wave ((v)). The index ended the cycle from June 30 high as wave ((i)) at 96.57...
USDCAD is facing 1.3485 support once again. A breakdown below this level could trigger another fall towards 1.3300. Resistance level is at 1.3645, a breakout of this level could take the price to 1.3800 zone.
USDJPY broke above 107.43 resistance. Further rally would likely be seen in the coming days and next target would be at 108.50 area. Support is at 106.64, a breakdown below this level could trigger another fall towards...
AUDUSD is facing 0.7037 resistance. A breakout of this level could trigger further upside movement towards 0.7100. Support is located at the rising trend line on the 4-hour chart, only a breakdown below the trend line support...
GBPUSD broke above 1.2669 resistance, suggesting that the uptrend from 1.2251 has resumed. Further rise could be expected and next target would be at 1.2800 area. Key support is at 1.2479, only break below this level could...
EURUSD extended its upside movement from 1.1184 to as high as 1.1469. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue, and next...
