AUDUSD is facing 0.7178 support, a breakdown below this level could trigger further downside movement to 0.7100 area. Key resistance is at 0.7246, above this level would indicate that the downside movement had completed at 0.7178 already,...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3174, as long as the trend line resistance holds, the bounce from 1.2475 could be treated as consolidation for the...
EURUSD is forming a triangle pattern on its 4-hour chart. A break of the upper line of the pattern would take the price to 1.1500 area. On the downside, a breakdown below the bottom trend line could...
Short Term Elliott Wave view suggests that the selloff in Bitcoin is not yet over. Rally to $4409.77 ended Intermediate wave (X). Down from there, the decline is unfolding as a double three Elliott Wave structure where...
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USDCAD remains in the uptrend from 1.3159, the price action from 1.3444 could be treated as consolidation for the uptrend. Another rise to test 1.3444 resistance is possible and a breakout could trigger further upside movement towards...
USDJPY remains in the uptrend from 112.23, further rise could be expected after a minor consolidation and next target would be at 114.00 area. Near terms support is at 113.00, a breakdown below this level could bring...
AUDUSD continued its sideways movement in a trading range between 0.7178 and 0.7241. As long as 0.7241 resistance holds, the downtrend from 0.7393 could be expected to resume and further decline towards 0.7100 is still possible after...
GBPUSD’s bounce from 1.2475 extended to as high as 1.2671, breaking above 1.2640 resistance. Further rally is still possible and the target would be at the falling trend line on the 4-hour chart. As long as the...
EURUSD continued its sideways movement in a triangle pattern on the 4-hour chart. Resistance is at the top trend line of the pattern, breakthrough this trend line could take the price to 1.1500 area. Support is at...
