EURUSD broke below the bullish price channel on the 4-hour chart, suggesting that the upside movement from 1.1527 had completed at 1.1790 already. Deeper decline could be expected in the coming days and next target would be...
OIL short-term Elliott Wave view suggests that the pullback to $63.39 on 6/18/2018 low ended primary wave ((4)). Up from there, the instrument rallied strongly to the upside and went on to make new high for the year. A rally...
USDCAD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 1.3385 had completed at 1.3065 already. Further rally is still possible in the coming days and next target would be...
USDJPY remains in the uptrend from 109.36, the fall from 111.35 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 111.50 area. The key support is...
AUDUSD broke below 0.7420 support, suggesting that the upside movement from 0.7310 had completed at 0.7483 already. Further decline would likely be seen in a couple of days and next target would be at 0.7300 area. Resistance...
GBPUSD is now in downtrend from 1.3362. Further decline could be expected after a minor consolidation and next target would be at 1.3000 area. Resistance is at 1.3362, only a breakout of this level could trigger another...
EURUSD stays in a bullish price channel on its 4-hour chart and remains in the uptrend from 1.1527. As long as the price is in the channel, the fall from 1.1790 could be treated as consolidation for...
EURJPY short-term Elliott wave analysis suggests that the decline to $126.63 on 6/19 low ended intermediate wave (2) pullback. Up from there, intermediate wave (3) remains in progress as Elliott wave impulse. The internals of Minor wave 1 is unfolding...
USDCAD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 1.3385. As long as the price is below the trend line, the bounce from 1.3065 could be treated as consolidation...
USDJPY failed to break below 110.27 support and is now facing 111.13 resistance. A breakout of this level would indicate that the upside movement from 109.36 has resumed, then further rise towards 111.50 could be seen. Key...
