EURUSD moved sideways in a trading range between 1.0635 and 1.1147. The sideways movement is likely consolidation for the downtrend from 1.2555 (Feb 16, 2018 high), as long as 1.1147 resistance holds, the downside movement could be...
By Elliott Wave International In case you just landed on Earth via Martian spaceship, 2020 has seen the biggest crash in oil prices ever. This chart captures crude’s three-month, 80%-plus nosedive to 3-decade lows. (Price data as...
Being contained by the falling trend line on the 4-hour chart, USDCAD pulled back from 1.4172. Further decline would likely be seen and next target would be at 1.3849 support, followed by 1.3660 area. Near term resistance...
USDJPY is in consolidation for the downtrend from 109.38. Range trading between 105.98 and 106.90 would likely be seen in a couple of days. As long as the price is below the falling trend line on the...
AUDUSD broke above 0.6475 resistance, suggesting that the uptrend from 0.5507 has resumed. Further rise could be expected in the coming days and next target would be at 0.6600 area. Key support is at 0.6372, only break...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.2642. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
EURUSD broke above 1.0830 resistance, suggesting that the downside movement from 1.1018 had completed at 1.0766 already. Further rally would likely be seen in the coming days and next target would be at 1.0950 area. Support is...
USDCAD broke above 1.4151, suggesting that the uptrend from 1.3849 has resumed. Further rise could be expected in the coming days and next target would be at 1.4400 area. Near term support is at 1.4007, only break...
USDJPY stays below a falling trend line on the 4-hour chart and remains in the downtrend from 109.38. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
No changed in our view, AUDUSD remains in the downtrend from 0.6569, the price action from 0.6372 is likely consolidation for the downtrend. A breakdown below 0.6372 support would indicate that the downtrend has resumed, then next...
