EURUSD’s bounce from 1.1215 extended to as high as 1.1347. Further rally is still possible and next target would be at 1.1400 – 1.1450 area. Support is at 1.1250, a breakdown below this level could trigger another...
By Elliott Wave International October included a market phenomenon that left many economists and commentators scratching their heads. US stocks and oil prices both dropped simultaneously. In fact, it was the worst month for oil in 2...
USDCAD’s upside movement from 1.2782 extended to as high as 1.3263. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.3170, below this level...
USDJPY stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 111.37. As long as the channel support holds, the upside move could be expected to continue and next target would...
AUDUSD is now in the downtrend from 0.7302, the bounce from 0.7164 is likely corrective consolidation for the downtrend. Another fall could be expected after the consolidation and a breakdown below 0.7164 support could take the price...
GBPUSD broke above 1.2950 resistance, suggesting that the downside movement from 1.3174 had completed at 1.2826 already. Further rise could be expected and next target would be at 1.3150 area. Near term support is at 1.2930, only...
EURUSD broke above 1.1280 resistance, suggesting that the downside movement from 1.1499 had completed at 1.1215 already. Further rally is still possible and next target would be at 1.1350, followed by 1.1420. Near term support is at...
If you cannot sleep due to the pressure from your work, it is not for you. Having a job doesn’t mean it will give you the most pain possible and in exchange, some money will come to...
By Elliott Wave International You’re hearing a lot of explanations as to what’s going on with the stock market. Here’s an explanation you won’t find in the mainstream – and it’s one of the most useful of...
USDCAD extended its upside movement from 1.2782 to as high as 1.3248. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next...
