EURUSD is facing 1.1750 resistance. A breakout of this level would indicate that the upside movement from 1.1510 has resumed, then next target would be at 1.2000 area. Support is at 1.1617, a breakdown below this level...
EURUSD extended its upside movement from 1.1510 to as high as 1.1744. Key support is now at 1.1617. As long as this level holds, the upside movement could be expected to continue and a clear break above...
EURUSD’s downside movement from 1.1996 had completed at 1.1510 already. Further rise is possible in the coming days and next target would be at 1.1750, followed by 1.2000. Support levels are at 1.1600 and 1.1510, only break...
EURUSD remains in the downtrend from 1.2555, the bounce from 1.1510 is likely consolidation for the downtrend. Near term resistance is located at the top trend line of the price channel on the daily chart. As long...
The 2018 forex market has been rather consistent for the most part. There have not been any major incidences in the global economy and this has been reflected in the major currency pairs in the market. The...
EURUSD broke above the falling price channel on its 4-hour chart, suggesting that the downside movement from 1.1996 had completed at 1.1510 already. Further rally would likely be seen and next target would be at 1.1800 area....
EURUSD is facing the resistance of the top trend line of the price channel on the 4-hour chart. A breakout of the channel resistance could bring the price back to test next resistance level at 1.1750. Above...
EURUSD extended its downside movement from 1.1996 to as low as 1.1510. 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...
The CAC 40 Index Long Term Bullish Cycles Firstly the CAC 40 index long term bullish cycles have been trending higher with other world indices. In September 2000 it put in an all time high. From there...
EURUSD short-term Elliott wave view suggests that the decline from ( 1.1996 ) 5/14/2018 peak is unfolding as ending diagonal structure in Intermediate wave (5) lower as mentioned in the previous post here. The internals of each of leg in ending diagonal structure is...
