EURUSD Analysis. Being contained by 1.4535 resistance, EURUSD pulled back from 1.4517, suggesting that a cycle top is being formed on 4-hour chart. Pullback to test 1.4325 key support would likely be seen later today, a breakdown...
USDJPY Analysis. USDJPY traded in a narrow range between 76.29 and 77.19. Another fall to test 76.29 support is still possible, a breakdown below this level could signal resumption of the long term downtrend. Resistance is at...
USDJPY Analysis. USDJPY moved sideways in a narrow range between 76.29 and 77.19. Key resistance is at 77.19, a break above this level will indicate that a cycle bottom has been formed at 76.30 on 4-hour chart,...
"The problem is deeper than just a minor recovery or a minor recession." Robert Prechter joins CNBC hosts Bill Griffeth and Maria Bartiromo on Closing Bell to talk about the still-unfolding forecasts presented in his New York...
USDJPY Analysis. USDJPY is facing 76.29 support, a breakdown below this level could signal resumption of the long term downtrend. Initial resistance is at 77.19, a break above this level will indicate that a cycle bottom has...
The Dow plummeted some 1800 points in the past weeks. If the extreme market volatility has you confused and scared, studying history can help you put today’s market in perspective.
USDJPY Analysis. Being contained by 76.29 previous low support, USDJPY rebounded from 76.35. Another fall to re-test 76.29 support is still possible later today, a breakdown below this level could signal resumption of the long term downtrend....
USDJPY Analysis. USDJPY continued its downward movement, and the fall extended to as low as 76.70. Further fall to test 76.29 previous low support could be seen later today, a breakdown below this level will indicate that...
GBPUSD Analysis. GBPUSD moved sideways in a range between 1.6223 and 1.6475. Lengthier consolidation in the range is possible in a couple of days. As long as 1.6223 support holds, uptrend from 1.5781 could be expected to...
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