GBPUSD broke below 1.3101 support, suggesting that the downtrend from 1.3472 has resumed. Further decline could be expected in the coming days and next target would be at 1.2900 area. Resistance is at 1.3200, as long as...
EURUSD is facing 1.1508 support, a breakdown below this level would indicate that the downside movement from 1.1851 has resumed, then next target would be at 1.1400 area. Resistance is at 1.1620, only a breakout of this...
OIL short-term Elliott Wave view suggests that the decline to $63.59 on 6/18/2018 low ended primary wave ((4)) pullback. Above from there, the instrument has rallied to new highs already. And confirming the next extension higher taking place in...
USDCAD continued its sideways movement in trading range between 1.3259 and 1.3385. As long as 1.3259 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.2856 and one more rise towards 1.3450...
USDJPY stays below a falling price channel on the 4-hour chart and remains in the downtrend from 110.90. As long as the channel resistance holds, the downside movement could be expected to resume and another fall towards...
AUDUSD broke below 0.7345 support, suggesting that the downside movement from 0.7676 has resumed. Further decline could be expected and next target would be at 0.7200 area. Resistance is at 0.7390, only a break of this level...
GBPUSD extended its downside movement from 1.3314 to as low as 1.3105, facing the support of 1.3101. A breakdown below this level could signal resumption of the downtrend from 1.3472, then next target would be at 1.3000...
EURUSD dropped sharply from 1.1720 to as low as 1.1540. Deeper decline to test 1.1508 support would likely be seen and a breakdown below this level could take the price to 1.1400 area. Resistance is at 1.1650,...
Nikkei short-term Elliott Wave view suggests that the index is correcting the cycle from 3/23/2018 low (20190) in 3, 7 or 11 swings. Rally to 23005 high ended Minor wave X of a possible double correction lower. Down from there, Minor...
USDCAD stays in a trading range between 1.3259 and 1.3381. As long as 1.3259 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2856 and one more rise towards...
