GBPUSD is facing 1.2954 support once again. A breakdown below this level would indicate that the downtrend from 1.3514 has resumed, then further decline towards 1.2750 could be seen. Near term resistance is at 1.3030, above this...
Being contained by the top of the bearish price channel on the 4-hour chart, EURUSD pulled back from 1.1095, suggesting that the pair remains in the downtrend from 1.1239. Further decline would likely be seen in the...
Snap Inc. is an American camera and social media company which has three products: Snapchat, Spectacles, and Bitmoji. Last year, SNAP ended up with +195% gains as the stock saw an impressive 5 waves advance allowing it to...
USDSEK found a low at 9.2929 on December 31, 2019 and rallied in 5 waves to 9.529. This was followed by a 3 waves pull back to 9.439 on January 15, 2020 and then the pair started...
In this blog, we are going to take a quick look at the Elliottwave chart of Oil (CL_F). Oil is proposed to be in wave ((C)) which we expect to unfold as a 5 waves move down. ...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of CHFJPY, published in members area of the website. As our members know, CHFJPY is showing impulsive structures...
USDCAD continued its upside movement from 1.3035 and the rise extended to as high as 1.3252. Further rise could be expected in a couple of days and next target would be at 1.3300 area. Near term support...
USDJPY’s downside movement from 110.28 extended to as low as 108.30. Further decline is still possible and next target would be at 108.00 area. Near term resistance is located at the falling trend line on the 4-hour...
AUDUSD stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 0.6933. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD broke above the upper border of the triangle pattern on the 4-hour. Further rally would likely be seen in a couple of days and next target would be at 1.3280, followed by 1.3400. Near term support...
