GBPUSD extended its downside movement from 1.4345, and broke below the bullish trend line on the daily chart, suggesting that the upside movement from 1.3027 had completed at 1.4345 already. Further decline is still possible and next...
EURUSD broke below the bullish trend line on the daily chart, suggesting that the upside movement from 1.1554 had completed at 1.2555 already. Further decline is still possible and next target would be at 1.1950, followed by...
By Elliott Wave International Is new Fed Chair Jerome Powell a hawk — meaning, will he aggressively raise rates to curb inflation? That’s what investors are asking as Powell makes his first appearance before Congress in his...
USDCAD’s upside movement extended to as high as 1.2895, facing the previous high resistance at 1.2920 (Dec 19, 2017 high). As long as the price is above the bullish trend line on the 4-hour chart, the upside...
USDJPY moved sideways in a trading range between 105.54 and 107.90. As long as 107.90 resistance holds, the price action in the range could be treated as consolidation for the downtrend from 113.75 (Dec 12, 2017 low),...
AUDUSD stays below a falling trend line on its 4-hour chart and remains in the downtrend from 0.7893. As long as the trend line resistance holds, the bounce from 0.7712 could be treated as treated as consolidation...
GBPUSD extended its downside movement from 1.4144 to as low as 1.3711. Further decline is still possible after a minor consolidation and next target would be at 1.3500. Resistance is at 1.3840, a break of this level...
EURUSD rebounded strongly after touching 1.2165 support, facing the resistance of the falling price channel on its 4-hour chart. As long as the price is in the channel, the bounce could be treated as consolidation for the...
USDCAD extended its upside movement from 1.2450 to as high as 1.2848. Further rise is still possible after a minor consolidation and next target would be at 1.2900 area. Support is located at the bullish trend line...
USDJPY is in consolidation for the downtrend from 113.75 (Dec 12, 2017 low). Sideways movement in a trading range between 105.54 and 107.90 would likely be seen over the next several days. As long as 107.90 resistance...
