USDCAD Elliott Wave Analysis and swing analysis suggests pair is showing 5 swings up from 9.8.2017 low. Impulsive sequence runs in 5, 9, 13, 17 and so on whereas corrective sequence runs in 3,7,11,15 and so on....
USDCAD extended its downside movement from 1.3289 to as low as 1.2967. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance holds, the downtrend could be...
USDJPY broke below the bottom support trend line of the rising price channel on the 4-hour chart, suggesting that the short term uptrend from 110.58 had completed at 112.15 already. Another fall would likely be seen in...
AUDUSD continued its sideways movement in a trading range between0.7310 and 0.7483. Another rise towards 0.7483 would likely be seen in the coming days. Support is at 0.7348, below this level could trigger another fall to test...
GBPUSD is facing 1.2957 support. A breakdown below this level could trigger further downside movement to 1.2800 area. Resistance is at 1.3070, only break above this level could bring the price back towards 1.3200.
EURUSD broke below the bottom support trend line of the triangle pattern on its 4-hour chart. Further decline towards 1.1500 could be expected in the coming days. Resistance is at 1.1650, only a break of this level...
USDCAD’s downside movement from 1.3385 extended to as low as 1.2967. Further decline is still possible in a couple of weeks and next target would be at bottom support trend line of the rising price channel on...
USDJPY stays above a rising trend line on the daily chart and remains in the uptrend from 104.63. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD moved sideways in a trading range between 0.7310 and 0.7483. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation of the downtrend...
GBPUSD is facing 1.2957 support, a breakdown below this level could take the price to 1.2750 area. Near term resistance is at the top trend line of the price channel on the daily chart, as long as...
