USDCAD is facing 1.2728 support, a breakdown below this level would suggest that the downside movement from 1.2997 has resumed, then further decline towards 1.2500 could be seen. Resistance levels are at 1.2925 and 1.2997, only break...
USDJPY stays in a rising price channel on its 4-hour chart and remains in the uptrend from 104.63. As long as the channel support holds, the upside movement could be expected to continue and next target would...
AUDUSD is facing 0.7566 resistance. A breakout of this level could trigger another bullish movement towards 0.7650. Support levels are at 0.7445 and 0.7412, below these levels would aim 0.7300 area.
GBPUSD continued its sideways movement in a trading range between 1.3451 and 1.3617. The sideways movement is likely consolidation for the downtrend from 1.4376 and a breakdown below 1.3451 support could trigger another fall towards 1.3350. On...
EURUSD extended its downside movement from 1.1996 to as low as 1.1763. Further decline is still possible after a minor consolidation and next target would be at 1.1700 area. Near term resistance is at 1.1880, only a...
DAX Elliott Wave view in shorter cycles suggests that the rally from March 26.2018 low (11704) is extending higher in Impulse sequence with extension in the 3rd wave. It’s important to note that an impulse structure should have internal...
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USDCAD remains in the downtrend from 1.2997, the bounce from 1.2728 is likely correction for the downtrend. Another fall could be expected after the correction and a breakdown below 1.2728 support could trigger further downside movement towards...
USDJPY broke above 110.03 resistance and extended its upside movement from 104.63 to as high as 110.45. Further rise could be expected in a couple of days and next target would be at 111.50 area. Key support...
