AUDUSD remains in the uptrend from 0.6401, the pullback from 0.6615 is likely consolidation for the uptrend. As long as 0.6500 support holds, the upside movement could be expected to continue and next target would be at...
GBPUSD broke above the falling trend line on the 4-hour chart and is now in the uptrend from 1.2073. Further rally would likely be seen and next target would be at 1.2450 area. Support is at 1.2073,...
EURUSD failed to break above 1.1018 resistance, and pulled back from 1.1008. Another rise to test 1.1018 resistance is still possible, a breakout of this level could trigger another upside movement towards 1.1100. Support is at 1.0918,...
In this blog, we are going to take a look at the Elliott Wave chart of RTY_F (E-mini Russell 2000). The 1 hour NY Midday chart update shows that the cycle from April 29 peak is unfolding...
Crude Oil prices are staging impressive comeback after last month’s collapse to -$30. Sentiment in Oil has vastly improved in the past few weeks. Hopes of the supply cut as well as demand rebound help to support...
GBPNZD broke below 3.19.2020 low (1.9899) creating an incomplete bearish sequence from 3.9.2020 high (2.182). Short term Elliott Wave View suggests the decline from 4.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure. Down...
USDCAD formed a sideways consolidation above 1.3849 support. Another fall to test 1.3849 support would likely be seen, a breakdown below could take the price to 1.3700 area. Near term resistance is at 1.3980, above this level...
USDJPY remains in the uptrend from 105.98, the pullback from 108.08 is likely consolidation for the uptrend. Support is located at the bottom of the price channel on the 4-hour chart, only a breakdown below the channel...
AUDUSD extended its upside movement from 0.6401 to as high as 0.6615. Further rise would likely be seen and next target would be at 0.6700 area. Near term support is at 0.6500, a breakdown below this level...
GBPUSD is now in the uptrend from 1.2073, the pullback from 1.2296 is likely corrective consolidation for the uptrend. Further rally could be expected and next target would be at 1.2450 area. Support is at 1.2073, only...