EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the short term downtrend from 1.1179 had completed at 1.1073 already. Further rally to test 1.1179 resistance would likely be seen, above this level...
USDCAD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.3041 could be treated as consolidation for the downtrend from 1.3347, further decline...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 108.25. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD extended its upside movement from 0.6809 to as high as 0.6871. Further rise is still possible in the coming days and next target would be at 0.6900 area. Near term support is at 0.6845, below this...
GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the downtrend from 1.3012 had completed at 1.2788 already. Further rally would likely be seen and next target would be at 1.2980 area. Support...
EURUSD broke below the bullish trend line on the 4-hour chart, suggesting that the uptrend from 1.0879 had completed at 1.1179 already. Further decline would likely be seen in the coming days and next target would be...
Hello fellow traders. In today’s technical blog, we will have a look at the JP Morgan (JPM) stock. JPM has been in a big consolidation between 2018 and 2019. The stock was ranging from 91.45 low and 120.05...
Google (ticker: GOOGL) rallies today and should remain supported against the lows on August 2019. The stock is extending within the Super cycle degree wave (III) since the low in 2009. The following chart below shows the...
Amazon (ticker: AMZN) shares price has recovered most of the losses due to the weak earnings. Short Term Elliott Wave view suggests the drop to $1617.71 ended wave II. This drop has ended the entire correction which...
Hello fellow traders. In today’s blog, we will have a look at Boeing and the recent price action. The Boeing Stock peaked in March,1,2019 and since then have been trading lower in a series of lower lows...
