EURUSD extended its downside movement from 1.1419 to as low as 1.1289. Further decline is still possible after a minor consolidation and next target would be at 1.1250 area. Resistance is at 1.1340, only break above this...
Short Term Elliott Wave view in S&P 500 (SPX) suggests the rally from December 26, 2018 low (2348.50) is unfolding as an impulse. Index has ended wave ((3)) of this impulse move at 2816.88. In the chart...
EURJPY SELL/SHORT Trade : Elliott Wave count for EURJPY shows wave ((a)) completed starting from the March 1/2019 highs and has since corrected higher to terminate possibly the wave ((b)) at the March 5/2019 high. Using Market...
When picking what Forex broker to trade with, many people try to identify the best by looking at what the organization offers. Some look at the currency pairs that are available, while others might look at withdrawal...
USDCAD broke above 1.3241 resistance and extended its upside movement from 1.3112 to as high as 1.3337. Further rise could be expected in a couple of days and next target would be at 1.3450 area. Support is...
USDJPY extended its upside movement from 108.49 to as high as 112.07. Further rise is still possible after a minor consolidation and next target would be at 113.00 area. Support level is at 111.60, below this level...
AUDUSD remains in the downtrend from 0.7198. Further decline could be expected in a couple of days and next target would be at 0.7000 area. Resistance is at 0.7120, above this level could bring the price back...
GBPUSD broke below the bullish trend line on the 4-hour chart, suggesting that the upside movement from 1.2772 had completed at 1.3350 already. Further decline could be expected in the coming days and next target would be...
EURUSD broke below the bottom support trend line of the price channel on the 4-hour chart, suggesting that the upside movement from 1.1234 had completed at 1.1419 already. Further decline could be expected in the coming days,...
Canada’s Dollar slumped last Friday due to worse-than-expected gross domestic product data. Canada’s economy practically grinds to a halt at the end of 2018. Real GDP grew by just 0.1 percent in the fourth quarter of 2018....
