USDJPY broke below 113.19 support and extended its downside movement from 114.03 to as low as 112.57. Further decline is still possible and next target would be at 112.00 area. Resistance is at 113.20, as long as...
AUDUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 0.7199 had completed at 0.7393 already. Further decline could be expected and next target would be at 0.7260, followed by...
GBPUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.3174. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD failed in its attempt to breakout of the upper line of the triangle pattern on the 4-hour chart and pulled back from 1.1418. Deeper decline towards the bottom support trend line of the pattern is possible...
During the dinner meeting at G20 summit in Buenos Aires last weekend, the U.S. and China agreed to suspend new tariffs for 90 days. The market reacts positively with stock market rallying around the world, creating a...
NIFTY is showing an incomplete sequence to the upside in the short term, favoring more upside while above 11/26 low (10487.1). Near term, cycle from 10/26 low (10004) remains in progress as a zigzag Elliott Wave structure....
(RTTNews) – Microsoft Corp. (MSFT) has unseated Apple Inc. (AAPL) to rank as the world’s most valuable listed company. The software giant ended Friday with a market value of more than $851 billion compared with Apple’s $847...
USDCAD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.2782 (Oct 1 low) had completed at 1.3359 already. Further decline could be expected in...
USDJPY is facing 113.19 support, a breakdown below this level would confirm that the upside movement from 112.30 had completed at 114.03 already, then deeper decline towards 112.50 could be seen. Near term resistance is at 113.82,...
AUDUSD stays in a bullish trend line on the 4-hour chart and remains in the uptrend from 0.7199. As long as the price is above the trend line, the pullback from 0.7393 could be treated as consolidation...
