AUDUSD Analysis. AUDUSD is bottoming at 0.7722 level on 4-hour chart. Range trading between 0.7722 and 0.7950 would more likely be seen in a couple of days, and a break above 0.7950 will confirm the cycle bottom...
AUDUSD Analysis. AUDUSD drops sharply below 0.7789 previous low support and reaches as low as 0.7722 level. The pair remains in downtrend from 0.8155. Deeper decline is still possible to 0.7650-0.7700 area. Near term resistance is at...
EURUSD Analysis. After touching 1.4027 resistance, EURUSD drops sharply from 1.4050 level, suggesting that the pair remains in short term downtrend from 1.4197. Deeper decline is still in favor, and the next target is to test 1.3748...
EURUSD Analysis. EURUSD breaks below 1.3889 key support and reaches as low as 1.3876 level, suggesting that the pair is now in short term downtrend from 1.4197. The price action in the trading range between 1.3876 and...
EURUSD Analysis. EURUSD formed a short term cycle top at 1.4197 level on 4-hour chart. Deeper decline is possible to test 1.3889 supprt later today, a break down below this level will confirm that the uptrend from...
Our friends at Elliott Wave International (EWI) have just released a free 20-minute video that challenges the mainstream consensus on inflation with a chart-packed presentation. EWI Chief Analyst Steven Hochberg presents a compelling case for deflation so...
AUDUSD Analysis. AUDUSD breaks below 0.8024 key support and drops sharply to as low as 0.7902 level, suggesting that that a short term cycle top has been formed at 0.8155 level on 4-hour chart. Further fall is...
USDCAD Analysis. After breaking above 1.1636 resistance, USDCAD drops sharply from 1.1654 and breaks below the lower border of the rising price channel. Further fall to test 1.1418 key support is possible later today, a break down...
AUDUSD Analysis. AUDUSD stays above the rising trend line on 4-hour chart and remains in short term uptrend from 0.7789. As long as the trend line support holds, we’d expect uptrend to continue and further rally is...
