EURUSD extended its downside movement from 1.2413 to as low as 1.2181, breaking below 1.2214 support. Further decline is still possible after a minor consolidation and next target would be at 1.2150 area. Below here would aim...
By Elliott Wave International History often repeats. So, one way to make an educated guess about the future is to look at the past. With that in mind, let me share with you a valuable observation from...
USDCAD broke above the top trend line of the price channel on its 4-hour chart, suggesting that the downside movement from 1.3124 had completed at 1.2526 already. Further rally would likely be seen after a minor consolidation...
USDJPY is facing 107.90 resistance again. A breakout of this level could trigger further upside movement towards 109.00. The key support is now at 106.88, only a breakdown below this level would suggest that the upside movement...
AUDUSD’s downside movement from 0.7813 extended to as low as 0.7655, facing the support level at 0.7642. A breakdown below this level could take the price to 0.7500 area. Resistance is at 0.7700, as long as this...
GBPUSD extended its downside movement from 1.4376 to as low as 1.3990, facing the support level at 1.3965. A breakdown below this level could trigger further downside movement towards 1.3800. Resistance is at 1.4090, only break above...
EURUSD broke below 1.2300 support, indicating that the upside movement from 1.2214 had completed at 1.2413 already. Deeper decline to test 1.2214 support is possible, a breakdown below this level would aim 1.2150 area. Resistance is at...
USDCAD’s downside movement from 1.3124 had completed at 1.2526 already. Further rally would likely be seen in a couple of weeks and next target would be at 1.3000 area. Support is at 1.2526, only a breakdown below...
USDJPY is facing 107.90 resistance, a break of this level would indicate that the downtrend from 114.73 had completed at 104.63 already, then next target would be at 110.00 area. On the downside, as long as 107.90...
AUDUSD failed to breakout of the falling trend line on the daily chart, suggesting that the pair remains in the downtrend from 0.8135. A breakdown below 0.7642 support would indicate that the downside movement has resumed, then...
