USDCAD failed to break above the falling price channel on the daily chart and pulled back from 1.3328. Another fall towards 1.2900 would likely be seen over the next several weeks. Resistance is at 1.3328, a break...
USDJPY broke above the rising price channel on the daily chart and extended its upside movement from 104.44 to as high as 112.22. Further rise would likely be seen after a minor consolidation and next target would...
AUDUSD extended its downside movement from 0.7031 to as low as 0.6585. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next...
GBPUSD extended its downside movement from 1.3514 to as low as 1.2848. As long as the price is in the falling price channel on the daily chart, the downside movement could be expected continue and next target...
EURUSD stays in a bearish price channel on the daily chart and remains in the downtrend from 1.1239. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
By Elliott Wave International The Golden Ratio — 1.618 or .618 — is ubiquitous throughout nature. You’ll find this mathematical proportion in the shapes of galaxies, sea horses, pine cones, the arrangement of seeds on a sunflower...
USDCAD moved sideways in a trading range between 1.3211 and 1.3278. As long as 1.3278 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.3328, another fall towards 1.3180...
USDJPY extended its upside movement from 108.30 to as high as 112.22. Further rise would likely be seen after a minor consolidation and next target would be at 113.00 area. Near term support is at 111.20, only...
AUDUSD’s downside movement from 0.6749 extended to as low as 0.6591. Further decline could be expected after a minor consolidation and next target would be at 0.6550 area. Resistance is at 0.6640, as long as this level...
GBPUSD extended its downside movement from 1.3069 to as low as 1.2848, breaking below 1.2871 support. As long as the price is in the falling price channel on the 4-hour chart, the downside movement could be expected...
