World Uranium Index (URAXPD) and Uranium Futures contract tracking the spot price of the metal which ended the downtrend cycle from 2007 peak and been bouncing higher since 2016 lows. The two instrument may have different dates for the peak or...
Russell (TF_F) index short-term Elliott Wave view suggests that the rally from April 02.2018 low (1482.6) is taking a form of an Elliott wave leading diagonal structure within Intermediate wave (1) higher. Leading diagonal structure usually appears as the sub-division of...
USDCAD broke below the bullish trend line on its 4-hour chart and dropped sharply to as low as 1.2835, suggesting that the upside movement from 1.2728 had completed at 1.3046 already. Further decline could be expected and...
USDJPY stays in a falling price channel on its 4-hour chart and remains in the downtrend from 111.39. As long as the channel resistance holds, the bounce from 108.11 could be treated as consolidation for the downtrend...
After breaking below the bottom of the price channel on the 4-hour chart, AUDUSD rebounded strongly from 0.7476, suggesting that the pair remains in the uptrend from 0.7412. Further rise could be expected in the coming days...
GBPUSD stays in the falling price channel on its 4-hour chart and remains in the downtrend from 1.3617. As long as the channel resistance holds, the bounce from 1.3204 could be treated as consolidation for the downtrend...
EURUSD is facing the resistance of the top trend line of the price channel on the 4-hour chart. A breakout of the channel resistance could bring the price back to test next resistance level at 1.1750. Above...
Nikkei short-term Elliott wave view suggests that the rally to 23060 on May 20 high ended Intermediate wave (1) as an impulse. Down from there, the index is pulling back in Intermediate wave (2) pullback to correct cycle from March...
USDCAD stays above a rising trend line on its 4-hour chart and remains in the uptrend from 1.2728. As long as the trend line support holds, the upside movement could be expected to continue and next target...
USDJPY extended its downside movement from 111.39 to as low as 108.11. Further decline is still possible after a minor consolidation and next target would be at 107.00 area. Resistance is at the top trend line of...
