AUDUSD remains in the downtrend from 0.7988, the bounce from 0.7712 is likely consolidation for the downtrend. Near term resistance is at the bearish trend line on the 4-hour chart. As long as the trend line resistance...
GBPUSD remains in the downtrend from 1.4144, the bounce from 1.3711 could be treated as consolidation for the downtrend. Further decline is still possible after the consolidation and next target would be at 1.3500 area. Resistance is...
EURUSD broke above 1.2360 resistance, suggesting that the downside movement from 1.2555 had completed at 1.2155 already. Further rally is still possible after a corrective pullback and next target would be at 1.2500 area. Near term support...
USDCAD extended its upside movement from 1.2248 to as high as 1.2915, facing the previous high resistance at 1.2920. A breakout of this level could take price to 1.3200 area. Support is at the rising trend line...
USDJPY extended its downside movement from 113.75 to as low as 105.24. As long as the price is below the falling trend line on the daily chart, further decline would likely be seen and next target would...
AUDUSD broke below 0.7758 support and extended its downside movement from 0.8135 to as low as 0.7712. Further decline is still possible in a couple of weeks and next target would be at 0.7500 area. Near term...
GBPUSD extended its downside movement from 1.4345, and broke below the bullish trend line on the daily chart, suggesting that the upside movement from 1.3027 had completed at 1.4345 already. Further decline is still possible and next...
EURUSD broke below the bullish trend line on the daily chart, suggesting that the upside movement from 1.1554 had completed at 1.2555 already. Further decline is still possible and next target would be at 1.1950, followed by...
United States Steel Corporation (NYSE: X) is the second largest steel domestic producer behind Nucor Corporation (NYSE: NUE) and also the world’s 24th largest steel producer. Last year, Steel price surged higher reaching new all time high of 4772 in...
Short Term CADJPY Elliott Wave view suggests that the decline from 1/5/2018 high (91.58) is unfolding as an impulse Elliott Wave Structure where Minor wave 1 ended at 87.785, Minor wave 2 ended at 89.439, Minor wave 3 ended...
