GBPUSD extended its downside movement from 1.4376 to as low as 1.3101. As long as 1.3472 resistance holds, the downtrend could be expected to continue and next target would be at 1.2500 area. On the upside, a...
EURUSD moved sideways in a trading range between 1.1508 and 1.1851. As long as 1.1851 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 1.2555 and further decline to...
By Elliott Wave International Let it be stated upfront that there is no perfect way to analyze and forecast financial markets. No crystal balls. Yet, let’s be just as quick to add that in Elliott Wave International’s...
USDCAD extended its upside movement from 1.2856 to as high as 1.3335. Further rise could be expected after a minor consolidation and next target would be at 1.3400 area. Near term support is at 1.3260, a breakdown...
USDJPY moved sideways in a trading range between 109.55 and 110.90. As long as 109.55 support holds, the sideways movement could be treated as consolidation for the uptrend from 108.11 and a breakout of 110.90 resistance could...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7676. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD extended its downside movement from 1.3472 to as low as 1.3101. The subsequent bounce could be treated as consolidation for the downtrend. As long as 1.3298 resistance holds, the downside movement could b expected to resume...
EURUSD moved sideways in a trading range between 1.1508 and 1.1644. As long as 1.1644 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.1851, and further decline towards 1.1300 area is...
USDCAD’s upside movement from 1.2856 extended to as high as 1.3321. Further rise is still possible after a minor consolidation and next target would be at 1.3400 area. Support is at 1.3240, a breakdown below this level...
USDJPY’s bounce from 109.55 extended to as high as 110.64. Further rise to test 110.90 resistance is possible. A breakout of this level would indicate that the upside movement from 108.11 has resumed, then next target would...
