GBPUSD broke above 1.2996 resistance, suggesting that the downside movement from 1.3217 had completed at 1.2772 already. Further rally would likely be seen and next target would be at 1.3200 area. Near term support is at 1.3000,...
EURUSD broke above 1.1341 resistance, suggesting that the downside movement from 1.1514 had completed at 1.1234 already. Further rally could be expected in a couple of days and next target would be at 1.1400 area. Support levels...
The EOS token is the cryptocurrency of the EOS network which is using the blockchain technology architecture to enable vertical and horizontal scaling of decentralized applications. 2018 was the worst year for cryptocurrency investors as the market...
Since bottoming at 2346.58 on December 26, 2018, S&P 500 (SPX) has rallied 18% in less than 2 months. The structure of the rally appears like an Impulse Elliott Wave structure. An Impulse structure is a 5...
The S&P 500 ($SPX) had the worst December in history as the market got nervous. Many started to guess the possible reasons and came up with many different arguments. There were several reasons like the trade wars...
The total capitalization of investing cash in derivatives for Crude Oil was $ 302 billion 112 million. The decrease in capitalization over the previous reporting week was 4%. The superiority of bull positions in monetary terms amounted...
USDCAD moved sideways in a trading range between 1.3195 and 1.3339. As long as 1.3195 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.3068, further rise towards 1.3450...
USDJPY remains in the uptrend from 108.49. As long as the price is in the rising price channel on the 4-hour chart, the fall from 111.12 could be treated as consolidation for the uptrend, further rise towards...
AUDUSD extended its upside movement from 0.7054 to as high as 0.7160. Further rally is still possible and next target would be at 0.7200 area. On he downside, a breakdown below 0.7110 support would indicate that the...
GBPUSD broke above the top trend line of the price channel on the 4-hour chart. Further rally towards 1.2996 resistance could be expected in the coming days, above this level could signal completion of the downtrend from...
