GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3017. As long as the trend line resistance holds, the bounce from 1.2725 could be treated as consolidation for the...
EURUSD extended its upside movement from 1.0778 to as high as 1.1184. 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...
AUDJPY sank to 11 year low last week as the market is pricing in a drastically lower Australia’s growth outlook. The coronavirus outbreak around the world has disrupted everything from travel, supply chain, and daily activities. The...
AUDJPY Technical Analysis Every trader should always view the market in the “bigger picture” first. Viewing the market starting from a higher time frame down to a lower time frame will offer a trader a clearer picture of...
AUDUSD Technical Analysis On February 25/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “$AUDUSD watch for selling opportunities for extension lower .” AUDUSD 1 Hour Chart 2.25.2020 : The chart below was also posted on social media (StockTwits/Twitter)...
Hello fellow traders. USDSGD is another forex pair that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDSGD , published in members...
USDCAD pulled back from 1.3463. The fall is likely consolidation for the uptrend from 1.3201, as long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to...
USDJPY dropped sharply from 112.22 to as low as 107.36. Further decline is still possible after a minor consolidation and next target would be at 106.50 area. Near term resistance is at 108.55, a break of this...
AUDUSD extended its downside movement from 0.6749 to as low as 0.6433. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
GBPUSD extended its downside movement from 1.3017 to as low as 1.2725. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
