GBPUSD remains in the uptrend from 1.2505, further rise could be expected after a minor consolidation and next target would be at 1.2762 resistance. Support is at 1.2660, only a breakdown below this level could bring the...
EURUSD’s upside movement from 1.1181 extended to as high as 1.1317. Further rise is still possible after a minor consolidation and next target would be at 1.1347 resistance. Support is at 1.1260, only break below this level...
Nasdaq Futures (NQ_F) shows a higher high sequence from June 4 low, favoring further upside. Short term, rally to 7600.75 ended wave (1) and pullback to 7421.48 ended wave (2). Wave (3) rally is in progress as...
Australian Dollar dropped further last week as unemployment figure came out higher than expected at 5.2%. The consensus has been for a dip to 5.1%. Australian unemployment rate has now risen 0.3% since February. The official number...
GBPJPY Technical Analysis GBPJPY Daily Chart April 1/2019 : On April 1/2019 I posted chart on Twitter of the possibility that the pair could be forming a Bearish Head & Shoulders Breakout Pattern. Traders needed to be patient...
American Express (NYSE: AXP) is an American multinational financial services corporation that was founded in 1850. Since it’s IPO back in the seventies, AXP rallied in an initial Elliott Wave 5 waves impulsive structure which ended in 2000 with the...
USDCAD extended its downside movement from 1.3432 to as low as 1.3236, breaking below 1.3240 support. Further decline could be expected after a minor consolidation and next target would be at 1.3150 area. Resistance is at 1.3300,...
USDJPY broke below 107.81 support, suggesting that the downside movement from 112.40 (Apr 24 high) has resumed. Further decline could be expected and next target would be at 107.00 area. Resistance is at 108.00, only break above...
AUDUSD’s upside movement from 0.6831 extended to as high as 0.6908. Further rise could be expected and next target would be at 0.6950 area. Support is located at the rising trend line on the 4-hour chart, as...
GBPUSD broke above 1.2605 resistance, suggesting that the downside movement from 1.2762 had completed at 1.2505 already. Further rally could be expected and next target would be at 1.2750 area. Support is at 1.2580, only break below...
