DJUSRE (Dow Jones Real Estate Index) recently broke above 2007 peak and it would be a good time to revisit the article we published back in 2017 about Real Estate Index and highlighted the target area above...
Hello fellow Traders. The Dow Jones Transportation Average is showing why the biggest acceleration across World Indices has already passed. The Elliott Wave Theory classic pattern is represented in the following chart which shows the idea of...
No changed in our view, USDCAD remains in the downtrend from 1.3382, the bounce from 1.3133 is likely correction for the downtrend. Another fall would likely be seen after the correction and a breakdown below 1.3200 support...
After touching the resistance of the falling trend line on the daily chart, USDJPY pulled back from 108.47, suggesting that the upside movement from 104.44 had completed at 108.47 already. Another fall could be expected over the...
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7295. As long as the trend line resistance holds, the bounce from 0.6677 could be treated as consolidation for the...
GBPUSD extended its upside movement from 1.1958 to as high as 1.2581. Further rally is still possible next week and next target would be at 1.2750 area. Near term support is at 1.2390, below this level would...
EURUSD failed to break above the resistance of the falling price channel on the daily chart, suggesting that the pair remains in the downtrend from 1.1412. As long as the channel resistance holds, the downside movement could...
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USDCAD broke below the rising price channel on the 4-hour chart. Deeper decline to test 1.3230 support would likely be seen, below this level would indicate that the upside movement from 1.3133 had completed at 1.3309 already,...
USDJPY moved sideways in a trading range between 107.49 and 108.47. As long as 107.49 support holds, the sideways movement could be treated as consolidation for the uptrend from 104.44, a breakout of 108.47 resistance could trigger...
