USDJPY broke above 108.86 resistance, suggesting that the downtrend from 109.70 had completed at 107.65 already. Further rise could be expected after a minor consolidation and next target would be at 109.50 area. Near term support is...
AUDUSD extended its downside movement from 0.7031 to as low as 0.6848. 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 continued its sideways movement in a trading range between 1.3053 and 1.3284. The sideways move is likely consolidation for the uptrend from 1.2905, further rise to 1.3400 area is possible after the consolidation. Near term support...
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.0981 had completed at 1.1239 already. Further decline could be expected and next target would be at 1.1060 area. Near...
Elliott Wave view on Nikkei (NKD_F) suggests the rally to 24148 on December 17, 2019 ended wave ((1)). Index is now doing a wave ((2)) pullback and the internal is unfolding as double three Elliott Wave structure....
Advanced Micro Devices INC ($AMD) has been in a tremendous rally since the lows in 2015. The Instrument is rallying within the Grand Supercycle, and the target is between $50.32-$61.81 area. We have been calling this target...
In this blog, we’re going to take a quick look at the Elliott Wave chart of copper. The chart from 1.3.2020 update showed that copper ended the cycle up from 11.15.2019 low at 2.6130 to 12.26.2019 high...
USDCAD broke above 1.3007 resistance, suggesting that lengthier consolidation for the downtrend from 1.3327 is underway. Further rally is possible in a couple of days and the target would be at the bearish trend line on the...
USDJPY is in consolidation for the downtrend from 109.70. Sideways movement in a trading range between 107.77 and 108.86 would likely be seen in a couple of days. As long as 108.86 resistance holds, the downtrend could...
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.6754 had completed at 0.7031 already. Further decline is still possible after a minor consolidation and next target would be...
