EURUSD is facing 1.1341 resistance. As long as this level holds, the price action in the trading range between 1.1234 and 1.1341 could be treated as consolidation for the downtrend from 1.1514, another fall towards 1.1100 is...
Nikkei Elliott Wave Zigzag Pattern Within February Cycle Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of NIKKEI . Break of February 5th peak has made...
Many readers will think about the bold statement will tell that Forex is all about freedom. Well, it is actually true that the marketplace gives the traders a lot of freedom. But that does not mean you...
USDCAD is facing 1.3195 support, a breakdown below this level would indicate that the upside movement from 1.3068 had completed at 1.3339 already, then another fall towards 1.3100 could be seen. On the upside, as long as...
USDJPY stays in a bullish price channel on the 4-hour chart. As long as the price is in the channel, the fall from 111.12 could be treated as consolidation for the uptrend from 108.49, and further rise...
AUDUSD broke above 0.7135 resistance. Further rally is still possible and next target would be at 0.7200 area. Near term support is at 0.7110, a break below this level could bring the price back to test 0.7054...
GBPUSD is facing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2772 could be treated as consolidation for the downtrend from 1.3217, further decline...
EURUSD is in consolidation for the downtrend from 1.1514. Range trading between 1.1234 and 1.1341 would likely be seen in a couple of days. As long as 1.1341 resistance holds, the downtrend could be expected to resume...
USDPLN has rallied strongly over the past 2 weeks which resulted in a break of October 2018 peak. In this blog, we will take a look at the mid-term and short-term Elliott wave structure of this Forex...
USDCAD BUY/LONG Trade Setup: USDCAD is forming a bullish inverted Head and Shoulders market breakout pattern. Price has already broke above the neck line which can be a signal that possibly more bulls will be entering LONGS...
