USDCAD extended its upside movement from 1.3159 to as high as 1.3444. Support is at 1.3330, as long as this level holds, the upside movement could be expected to continue and next target would be at 1.3500...
USDJPY extended its downside movement from 114.03 to as low as 112.23. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next...
AUDUSD’s downside movement from 0.7393 extended to as low as 0.7191. Resistance is at 0.7270, as long as this level holds, the down trend could be expected to continue and next target would be at 0.7150 area....
GBPUSD is facing the resistance of the price channel on the 4-hour chart. As long as the channel resistance holds, the bounce from 1.2658 could be treated as consolidation of the downtrend from 1.3174, and further decline...
EURUSD moved sideways in a triangle pattern on its 4-hour chart. A breakout of the upper line of the pattern could take the price to 1.1600 area. On the downside, a breakdown below the bottom support line...
In this blog, I want to share some short-term Elliott Wave charts of Palladium which we presented to our members in the past. Below, you see the 1-hour updated chart presented to our clients on the 11/30/18 indicating that...
USDCAD has broken above 11/29/2018 high (1.336) as well as above 6/27/2018 high (1.3386) creating incomplete bullish sequence. Short term Elliott Wave view suggests the rally to 1.336 on 11/29 ended Intermediate wave (W) and the pullback...
USDCAD’s upside movement from 1.3159 extended to as high as 1.3400. Further rise is still possible after a minor consolidation and next target would be at 1.3450 area. Near term support is at 1.3330, a breakdown below...
USDJPY stays in a falling price channel on the 4-hour chart and remains in the downtrend from 114.03. As long as the channel resistance holds, the bounce from 112.57 could be treated as consolidation for the downtrend...
AUDUSD extended its downside movement from 0.7393 to as low as 0.7224. Further decline is still possible and next target would be at 0.7200, followed by 0.7150. Near term resistance is at 0.7270, a break of this...
