The British pound has been very noisy during the trading session on Tuesday, reaching as low as 1.3930, but then turning around to rally. As I look at the charts on the hourly timeframe, I can see...
The EUR has initially fallen during the session on Tuesday, reaching down to the 1.2325 handle, but found enough support at this area to show signs of life again. The 61.8% Fibonacci retracement level looks as if...
The Australian dollar has broken down a little bit during the trading session on Tuesday, but we are starting to find support as I record this. If we can break above the 0.79 level substantially, I think...
EURAUD looks ready for a selloff as price is forming a double top reversal pattern on its 4-hour time frame. The pair has yet to break below the neckline at the 1.5650 minor psychological mark before confirming...
Baidu, Inc. (NASDAQ: BIDU) is one of the largest Chinese multinational technology companies specializing in Internet-related services & products and one of the premier AI leaders in the world. Last week, Baidu has reported excellent results in Q4 which helped its stock...
Gold Short Term Elliott Wave view suggests that Intermediate wave (X) ended with the decline to 1306.96. Up from there, the yellow metal is rallying in 5 waves impulse Elliott Wave structure where Minutte wave (i) ended at 1337, Minutte...
GBPUSD appears to be starting a new trend lower as price is creating a descending channel on its 4-hour time frame. Price is just testing the resistance, though, and might be due for a move back to...
USDJPY recently broke below a major support zone, confirming that a downtrend is underway. Price appears to be finding support at current levels, though, so a pullback is also possible. Stochastic is on its way up to...
EURJPY had been trading inside an ascending channel pattern and price has broken below support. This signals that a reversal from the uptrend is underway, although additional confirmation could still be needed from technical indicators. The 100...
GBPJPY recently bounced off the top of its ascending channel and is now making its way to support. Applying the Fib tool on the latest swing low and high shows that this lines up with the 61.8%...
