AUDUSD broke above 0.6810 resistance, suggesting that the uptrend from 0.6670 has resumed. Further rise could be expected in a couple of days and next target would be at 0.6880 area. Near term support is at 0.6810,...
GBPUSD’s upside movement from 1.2195 extended to as high as 1.2989. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next target...
EURUSD extended its upside movement from 1.0879 to as high as 1.1139. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
Nikkei shows Elliott Wave bullish sequence from December 26, 2018 low and August 26, 2019 low. This suggests that buyers are in control and favors further upside in the Index. The pullback to 21079 ended wave ((2))...
Bank of America (ticker: BAC) shows an Elliott Wave bullish sequence from August 15, 2019 low, favoring further upside. The decline to 27.19 ended wave (2) and the stock has resumed higher in wave (3). The internal...
USDMXN has been within a multi-year consolidation. Since 2017 peak the pair did a clear impulse lower which is based on the Elliott Wave Theory. The ideal case will be now that we should see another leg lower....
USDCAD moved sideways in a trading range between 1.3170 and 1.3239. The sideways movement is likely consolidation for the downtrend from 1.3347, further decline to 1.3100 area is still possible after the consolidation. Key resistance is at...
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 106.48. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 0.6810. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
GBPUSD extended its upside movement from 1.2195 to as high as 1.2876. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
