USDJPY stays below a falling trend line on the daily chart and remains in the downtrend from 112.40. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
AUDUSD remains in the downtrend from 0.7081, the price action in the trading range between 0.6677 and 0.6821 could be treated as consolidation for the downtrend. As long as 0.6821 resistance holds, the downtrend could be expected...
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3381. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD failed to break below 1.1026 support and stays in a trading range between 1.1026 and 1.1249. As long as 1.1249 resistance holds, the price action in the range could be treated as consolidation for the downtrend...
Just yesterday — even this morning! — it seemed that stocks were finally out of the woods. But as I’m typing this… Our friends at Elliott Wave International had a hunch this would happen. Here’s what their Short...
With the recent stock market volatility, millions of investors are wondering what’s next. And the fact that the typically wild fall season is approaching only makes it worse. Our friends at Elliott Wave International — who are...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 1.3015. As long as the trend line support holds, the upside movement could be expected to continue and a break...
USDJPY moved sideways in a narrow range between 106.16 and 106.69. Support is at 106.16, below this level could take the price to 105.50 area. Resistance is at 106.69, a breakout of this level could trigger further...
AUDUSD is facing 0.6735 support, a breakdown below this level could trigger further downside movement towards 0.6677. Near term resistance is at 0.6770, above this level could take the price to test 0.6821 key resistance.
GBPUSD broke above 1.2249 resistance, suggesting that the downside movement from 1.2578 had completed at 1.2014 already. Further rally would likely be seen in a couple of days and next target would be at 1.2350 area. Near...
