GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.2073. As long as the channel support holds, the upside movement could be expected to continue and next target would...
EURUSD broke below the rising trend line on the 4-hour chart, suggesting that lengthier consolidation for the uptrend from 1.0766 is underway. Range trading between 1.1140 and 1.1383 would likely be seen in the coming days.
USDCAD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4048. Further decline would likely be seen after a minor consolidation and next target would be at 1.3300 area. Near...
USDJPY’s upside movement from 107.07 extended to as high as 109.84. Further rise would likely be seen after a minor consolidation and next target would be at 110.50 area. Near term support is at 108.60, a breakdown...
AUDUSD extended its upside movement from 0.6401 to as high as 0.7012. Further rise would likely be seen and next target would be at 0.7100 area. Support is at 0.6856, a breakdown below this level could bring...
GBPUSD extended its upside movement from 1.2073 to as high as 1.2730, breaking above 1.2642 resistance. Further rise would likely be seen and next target would be at 1.2900 area. Key support is at 1.2500, only break...
EURUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1383 could be treated as consolidation for the uptrend from 1.0870, and...
By Elliott Wave International It’s been a tough year for Russia financially. Of course, there’s been the big collapse in oil prices, plus — just like many other global stock indexes — Russian stocks are well off...
USDCAD extended its downside movement from 1.4048 to as low as 1.3467. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
USDJPY extended its upside movement from 105.98 to as high as 109.23. Further rise is still possible in the coming days and next target would be at 110.00 area. Near term support is at 108.40, below this...
