AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement had completed at 0.7075 already. Further rally is still possible in the coming days, a break of 0.7235 resistance could take...
GBPUSD’s upside movement from 1.2396 to as high as 1.3217. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next target would...
EURUSD broke above the falling trend line on the 4-hour chart and is now facing 1.1425 resistance, above this level would confirm that the downside movement from 1.1570 had completed at 1.1289 already, then further rise to...
Welcome traders, today we look at a couple of 1 hour NIKKEI charts and its price action within 3 consecutive days. The following analysis will show how profitable and efficient it can be to trade with our philosophy...
Elliott Wave view in Alibaba (Ticker: BABA) suggests the rally from 12/24/2018 low is unfolding as an impulse Elliott Wave structure where wave ((3)) ended at $159.49. Wave ((4)) pullback ended at $150.17 as a double three Elliott...
USDCAD remains in the downtrend from 1.3664. Further decline could be expected after consolidation and next target would be at 1.3000 area. Resistance is at 1.3375, only break above this level could signal completion of the downtrend.
USDJPY’s upside movement from 105.05 extended to as high as 109.99. Further rise is still possible after a minor consolidation and next target would be at 112.00 area. Near term support is at 109.00, a breakdown below...
AUDUSD remains in the uptrend from 0.6765, the pullback from 0.7235 is likely consolidation for the uptrend. Range trading between 0.6900 and 0.7235 would likely be seen in a couple of weeks. Another rise could be expected...
GBPUSD extended its upside movement from 1.2396 to as high as 1.3217. Further rise is still possible after a minor consolidation and next target would be at 1.3500 area. Near term support is at 1.2970, a breakdown...
EURUSD broke below the bottom support trend line of the price channel on the daily chart, suggesting that the downside movement from 1.2555 has resumed. Further decline would likely be seen in a couple of weeks and...
