USDJPY is in consolidation for the uptrend from 107.65, range trading between 109.40 and 110.20 would likely be seen in a couple of days. As long as 109.40 support holds, the uptrend could be expected to resume,...
AUDUSD is facing 0.6919 resistance, a breakout of this level could trigger further upside movement from 0.6848 to 0.6950 area. Near term support is at 0.6875, a breakdown below this level would indicate that the downtrend from...
GBPUSD is facing the resistance of the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the bounce from 1.2954 could be treated as consolidation for the downtrend from 1.3284 and...
EURUSD broke above the top of the price channel on the 4-hour chart, suggesting that the downside movement from 1.1239 had completed at 1.1085 already. Further rally would likely be seen and next target would be at...
Elliott Wave view on Bitcoin (BTCUSD) suggests the rally from December 18, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the 1 hour chart below, we can see wave ((iii)) of the impulse...
No changed in our view, USDCAD is now in the downtrend from 1.3104, another fall towards 1.2950 would likely be seen in the coming days, and a breakdown below 1.3028 support could signal resumption of the downtrend....
USDJPY remains in the uptrend from 107.65. As long as 109.40 support holds, the pullback from 110.20 could be treated as consolidation for the uptrend, and further rise to 110.50 area is still possible after the consolidation....
AUDUSD is in consolidation for the downtrend from 0.7031, another fall to test 0.6850 support would likely be seen in the coming days, a breakdown below this level could trigger further downside movement to 0.6800 area. Near...
GBPUSD’s downside movement from 1.3284 extended to as low as 1.2954. Further decline is still possible and next target would be at 1.2900 area. Resistance is located at the bearish trend line on the 4-hour chart, a...
EURUSD remains in the downtrend from 1.1239. As long as the price is in the bearish price channel on the 4-hour chart, the bounce from 1.1085 could be treated as consolidation for the downtrend, and further decline...
