USDJPY is facing 110.84 support. A breakdown below this level could take price to next support level at 109.50. Below here would aim 107.31. On the upside, as long as 110.84 support holds, the price action in...
AUDUSD extended its upside movement from 0.7501 to as high as 0.7924. Further rise is still possible after a minor consolidation and next target would be at 0.8124 resistance. Above this level would aim 0.8300 area. Near...
GBPUSD broke above 1.3657 resistance, suggesting that the uptrend from 1.1946 (Oct 7, 2016 low) has resumed. Near term support is at 1.3590, followed by the rising trend line on the daily chart. As long as the...
EURUSD broke above 1.2092 resistance, suggesting that the uptrend from 1.0340 (Jan 3 low) has resumed. Near term support is at 1.2070, followed by the bullish trend line on the daily chart. As long as the price...
USDCAD recently broke through the floor around the 1.2650 minor psychological mark then fell to a low of 1.2362. Price is showing signs of a pullback from its drop and sellers may be waiting at the nearby...
DAX Short Term Elliott Wave view suggests that Intermediate wave (X) ended at 12731.46. Rally from there is unfolding as a 5 waves impulsive Elliott Wave structure where Minutte wave (i) ended at 12943, Minutte wave (ii) ended at 12881.5,...
Hello fellow traders, in this blog post, we will discuss oil in a more bigger picture. In the chart below, you can see crude oil futures on the weekly chart. From the 02/08/2016 low, we can clearly see...
Making money in today’s world has become extremely difficult. In the world of economic crisis creating a new source of income is just like winning a war. But things have changed dramatically after the starting of retail...
Debt is the big monkey on the back of many US households. The average US household owes $16k in credit card debt alone, without counting in auto, student loans and mortgages. Whilst some debts, like mortgages, can...
EURAUD has been trading in a descending channel pattern on its 4-hour time frame and has recently bounced off the resistance. Price is also breaching the middle of the channel to show enough downside momentum to reach...
