USDJPY Analysis. USDJPY is facing 81.26 resistance. Further rise would likely be seen after a minor consolidation, and next target would be at 81.60-81.80 area. Key support is at the uptrend line on 4-hour chart, as long...
USDJPY Analysis. USDJPY remains in short term uptrend from 79.69. The price action from 81.26 is treated as consolidation of uptrend. Key support is at the uptrend line on 4-hour chart, as long as the trend line...
EURUSD Analysis. EURUSD continued its upward move from 1.4102 and the rise extended to as high as 1.4577. Support is at 1.4435, as long as this level holds, uptrend could be expected to continue, and next target...
Elliott waves don’t merely reflect prices plotted over time. Each wave has its own "personality." Listen to this video by EWI’s Wayne Gorman to learn more about the psychology behind the waves and how it affects your...
GBPUSD Analysis. After touching the downtrend line from 1.6441 to 1.6261, GBPUSD dropped from 1.6118. Now the fall from 1.6118 would possibly be resumption of downtrend from 1.6546. Deeper decline to test 1.5912 previous low support is...
