USDCAD moved sideways in a trading range between 1.3250 and 1.3467. Resistance is at 1.3467, a break of this level could signal resumption of the uptrend from 1.3068, then next target would be at 1.3600 area. Support...
USDJPY is facing 112.13 resistance, a break of this level would indicate that the upside movement from 105.05 has resumed, then further rise to 114.00 area could be seen. Key support is at 109.70, only break below...
AUDUSD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the bounce from 0.7003 could be treated as consolidation for the downtrend from 0.7295, deeper decline...
GBPUSD stayed in a trading range between 1.2960 and 1.3381 for several weeks. As long as 1.2960 support holds, the price action in the range could be treated as consolidation for the uptrend from 1.2396, another rise...
EURUSD is testing 1.1176 support, a breakdown below this level would signal resumption of the long term downtrend from 1.2555 (Feb 16, 2018 high), then further decline to 1.1000 area could be seen. Key resistance is at...
By Elliott Wave International A common claim from economic and stock market observers is that a rising trade deficit is injurious to the economy — hence, bearish for stocks. On the other hand, a falling trade deficit...
USDCAD is facing 1.3373 resistance. As long as this level holds, the price action in the trading range between 1.3295 and 1.3373 could be treated as consolidation for the downtrend from 1.3450, further decline to 1.3250 area...
USDJPY’s upside movement from 109.70 extended to as high as 111.67. As long as the price is above the bullish trend line on the 4-hour chart, further rise could be expected and next target would be at...
AUDUSD is testing the resistance of the falling trend line on the 4-hour chart. As long as the price is below the trend line, the bounce from 0.7052 could be treated as consolidation for the downtrend from...
GBPUSD pulled back to 1.3059. Deeper decline to retest 1.2960 support would likely be seen, a breakdown below this level could take the price to 1.2850 area. Resistance is at 1.3196, above this level could trigger further...
