USDJPY is facing 109.37 support, a breakdown below this level would indicate that the upside movement from 108.11 had completed at 110.26 already, then further decline towards 108.11 support could be seen. On the upside, as long...
AUDUSD is facing 0.7594 support, a breakdown below this level would suggest that the short term uptrend from 0.7476 had completed at 0.7676 already, then the pair would find support at the rising trend line on the...
GBPUSD extended its upside movement from 1.3204 to as high as 1.3472. Another rise could be expected after a minor consolidation and next target would be at 1.3550 area. Near term support is at the bottom of...
EURUSD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.1510. As long as the trend line support holds, the upside movement could be expected to continue and next target...
Forex trading is a hard nut to crack for a majority of traders. For a newbie, it appears even more challenging and he is much likely to fall in the trap of his own emotions, thereby complicating...
Australia Economy Posts Strong Q1 Growth Australia’s 1st quarter 2018 Gross Domestic Product is growing at 1.01%, beating the expectation of 0.9%. This is the largest increase since late 2011 and brings the year-on-year growth rate to...
Copper ticker symbol: HG_F short-term Elliott wave view suggests that the pullback to 3.0101 on 5/30/2018 ended Intermediate wave (2). The internals of Intermediate wave (2) unfolded as Elliott wave double three structure where Minor wave W ended at 3.0195. Minor...
USDCAD failed to break below the bottom of the price channel on its 4-hour chart, suggesting that the pair remains in the uptrend from 1.2728. Another rise towards 1.3100 would likely be seen in the coming days....
USDJPY extended its upside movement from 108.11 to as high as 110.26. As long as 109.37 support holds, the upside movement could be expected to continue and next target would be at 110.50 area. On the downside,...
AUDUSD extended its upside movement from 0.7476 to as high as 0.7676. Near term support is now at 0.7594. As long as this level holds, the upside movement could be expected to continue and next target would...
