EURUSD continued its sideways movement in a trading range between 1.1508 and 1.1851, and is now facing 1.1508 support. A breakthrough this level could trigger further downside movement towards 1.1400. Key resistance is at 1.1851, only break...
NASDAQ futures: ticker symbol NQ_F short-term Elliott wave analysis suggests that the decline to $7167.37 low ended intermediate wave (2) pullback. The internals of that pullback unfolded as Elliott Wave Flat correction where Minor wave A ended at $7311.50 low. Above...
USDCAD remains in the downtrend from 1.3289. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 1.2975 could be treated as consolidation for the downtrend, and another fall...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 110.58. As long as the channel support holds, the uptrend could be expected to continue and next target would be...
AUDUSD’s fall from 0.7464 extended to as low as 0.7355. Deeper decline is still possible and next target would be at 0.7300 area. Resistance is at 0.7400, only break above this level could take the price back...
GBPUSD broke below 1.3070 support and extended its downside movement from 1.3213 to as low as 1.3007. Further decline could be expected and next target would be at 1.2950 area. Resistance is at 1.3070, only break above...
EURUSD broke below the bottom support trend line of the triangle pattern on the 4-hour chart. Further decline would likely be seen in the coming days and next target would be at 1.1500 area. Resistance is at...
OIL short-term Elliott wave analysis suggests that the bounce to $71.13 high ended primary wave ((B)) bounce against 7/03/2018 peak ($75.27). Primary wave ((C)) lower currently remains in progress as Elliott Wave impulse structure looking for more downside. Down from $71.13...
USDCAD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.3289. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDJPY’s upside movement from 110.58 extended to as high as 112.15. Further rise is still possible and next target would be at 112.40 area. Support is at 111.25, only break below this level could bring the price...
