USDCAD extended its upside movement from 1.2526 to as high as 1.3205. Further rise is still possible after a minor consolidation and next target would be at 1.3300 area. Near term support is at 1.2900, a breakdown...
USDJPY moved sideways in a trading range between 108.11 and 111.39. A breakout of 111.39 resistance would indicate that the upside movement from 104.63 has resumed, then further rise towards 113.00 area could be seen. Key support...
AUDUSD failed to break above the falling trend line on the daily chart, indicating that the pair remains in the downtrend from 0.8135. A breakdown below 0.7412 support would indicate that the downside movement has resumed, then...
GBPUSD is facing 1.3204 support, a breakdown below this level will indicate that the downtrend from 1.4376 has resumed, then further decline towards 1.2500 could be seen. Key resistance is at 1.3472, only a breakout of this...
EURUSD is facing 1.1510 support. A breakdown below this level will indicate that the downside movement from 1.2555 has resumed, then the following downside movement could take the price to 1.1000 area. Resistance levels are at 1.1700...
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By Elliott Wave International A stock market warning has just developed for those who are bullish. Here’s what I’m talking about (CNBC, May 22): The House voted May 22 to pass the biggest rollback of financial regulations...
USDCAD broke above 1.3066 resistance and extended its upside movement from 1.2728 to as high as 1.3119. Further rise could be expected in the coming days and next target would be at 1.3200 area. Key support is...
USDJPY failed to break below the bullish trend line on the 4-hour chart, suggesting that the pair remains in the uptrend from 108.11. Further rise is still possible and a break of 110.84 resistance could take the...
AUDUSD broke below the bullish support trend line on the 4-hour chart, suggesting that the upside movement from 0.7412 had completed at 0.7676 already. Deeper decline to test 0.7412 support would likely be seen and a breakdown...
