GBPUSD broke above the falling price channel on the 4-hour chart, suggesting that the short term downtrend from 1.2985 had completed at 1.2822 already. Further rally could be expected and next target would be at 1.3000 area....
EURUSD is facing 1.0989 support, a breakdown below this level would indicate that the downtrend from 1.1179 has resumed, then further decline to 1.0900 area could be seen. Near term resistance is at 1.1030, above this level...
Taiwan Semiconductor Manufacturing Company (NYSE: TSM) is the world’s largest dedicated independent (pure-play) semiconductor foundry and it’s located in the Hsinchu Science and Industrial Park in Hsinchu, Taiwan. In 2018, TSM spent the year in a corrective...
Elliott Wave View in Nasdaq (NQ_F) suggests that the rally from October 3, 2019 low is unfolding as 5 waves impulsive Elliott Wave structure. On the chart below, we can see wave 3 of the impulse from October 3 low...
By Elliott Wave International The large fowl we call “Turkeys” were given that name by the British, who thought the bird came from the country of Turkey. Truth is, turkeys are native to North America. And yet,...
USDCAD is in consolidation for the uptrend from 1.3041, as long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to resume, further rise to 1.3360 area...
USDJPY stays in a rising price channel on the 4-hour chart and remains in the uptrend from 108.27. As long as the channel support holds, the uptrend could be expected to continue and next target would be...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the short term downtrend from 0.6834. As long as the channel resistance holds, the downtrend could be expected to continue and next target...
GBPUSD remains in the downtrend from 1.2985. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2768...
EURUSD extended its downside movement from 1.1097 to as low as 1.1003, facing the support level at 1.0989, a breakdown below this level could trigger further downside movement towards 1.0900. Near term resistance is at 1.1040, above...
