After consolidation, EURUSD broke above 1.1062 resistance and extended its upside movement from 1.0879 to as high as 1.1085. As long as the price is in the bullish price channel on the 4-hour chart, the upside movement...
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USDCAD remains in the downtrend from 1.3347, the bounce from 1.3170 is likely consolidation for the downtrend. Range trading between 1.3170 and 1.3260 would likely be seen in a couple of days. Resistance is at 1.3260, as...
USDJPY extended its upside movement from 106.48 to as high as 108.89. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD broke below the rising trend line on the 4-hour chart, suggesting that the upside movement from 0.6670 had completed at 0.6810 already. Deeper decline could be expected and next target would be at 0.6650 area. Near...
GBPUSD broke above 1.2707 resistance and extended its upside movement from 1.2195 to as high as 1.2799. The upside movement could be expected to continue after a minor consolidation and next target would be at 1.2900 area....
EURUSD failed to break below the bottom of the price channel on the 4-hour chart, suggesting that the pair remains in the uptrend from 1.0879. Further rise could be expected in the coming days and next target...
The last ditch Brexit talks between British and Irish leaders last week yield unlikely breakthrough. Both leaders issued an upbeat statement after the meeting, saying they see a pathway to a possible deal. The issue of Irish...
In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDNOK published in the membership area of the elliottwave-forecast.com . USDNOK broke September 3rd peak , which made the pair...
DAX shows Elliott Wave bullish sequence from August 15, 2019 low (11266.48) favoring more upside. The rally from 11266.48 to 12497.28 ended wave (1) as a 5 waves impulse Elliott Wave structure. On the chart below, we can see...
