USDCAD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2951. As long as the channel support holds, the pullback from 1.3328 could be treated as consolidation for the uptrend,...
USDJPY moved sideways in a trading range between 109.53 and 110.13. As long as 109.53 support holds, the price action in the range could be treated as consolidation for the uptrend, and further rise towards 110.50 is...
AUDUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, another fall towards 0.6600 could be expected. On the upside, a breakout of the channel resistance...
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downside movement from 1.3209 had completed at 1.2871 already. Further rally would likely be seen and next target would be at 1.3150 area....
EURUSD extended its downside movement from 1.1095 to as low as 1.0827. Further decline is still possible after a minor consolidation and next target would be at 1.0750 area. Resistance is now at 1.0888, only break above...
Singapore Dollar SGD tumbled last week after Monetary Authority of Singapore (MAS) suggests that Singapore Dollar has room to depreciate. The statement came after the coronavirus infection spread to the territory and the central bank predicts it...
Short term Elliott wave view in Bank of America (ticker: BAC) suggests the rally from January 27, 2020 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from January 27 low, wave ((i)) ended...
Since December, Bitcoin and other cryptos have been on a silent tear. Silent, because you don’t hear about it in the news — yet. But if you’ve spotted the rally, you may be wondering, “Is it too late...
USDCAD extended its downside movement from 1.3328 to as low as 1.3235, breaking below 1.3262 support. Further decline would likely be seen and next target would be at 1.3200 area. Near term resistance is at 1.3270, a...
USDJPY extended its upside movement from 108.30 to as high as 110.13. Further rise could be expected and next target would be at 110.50 area. Support is at 109.53, a breakdown below this level could bring the...
