GBPUSD continued its sideways movement in a range between 1.3301 and 1.3466. As long as the price is below 1.3466 resistance, the price action in the range could be treated as consolidation of the downtrend from 1.3549,...
EURUSD broke above 1.1901 resistance, indicating that the short term uptrend from 1.1717 has resumed. Near term support is at the rising trend line on the 4-hour chart. As long as the trend line support holds, further...
After touching 1.2916 resistance, USDCAD pulled back from 1.2920 and continued its sideways movement above 1.2623 key support. As long as 1.2623 support holds, the sideways movement could be treated as consolidation of the uptrend from 1.2061,...
USDJPY continued its sideways movement in a trading range between 110.84 and 114.73. The sideways movement is likely consolidation of the uptrend from 107.31. As long as 110.84 support holds, the uptrend could be expected to resume,...
AUDUSD is now facing 0.7729 resistance. A breakout of this level will confirm that the downside movement from 0.8124 had completed at 0.7501 already, then further rally towards 0.7897 resistance could be seen. Support levels are at...
GBPUSD stays above a bullish support trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 7, 2016 low). As long as the trend line support holds, the price action...
EURUSD continued its sideways movement in a trading range between 1.1554 and 1.2092. The sideways move is likely consolidation of the uptrend from 1.0340 (Jan 3 low). As long as 1.1554 support holds, the uptrend could be...
By Elliott Wave International “Wild” doesn’t begin to describe Bitcoin’s price action. This spring, it traded as low as $1200. Last week, BTC futures topped $20,000. Yesterday (December 21), in an article by newsmax.com, Elliott Prechter warned...
USDCAD dropped sharply from 1.2920 to as low as 1.2699, breaking below 1.2713 support. Further decline is still possible after a minor consolidation and next target would be at 1.2623 support. Below this level could bring price...
USDJPY is facing 113.75 resistance. A breakout of this level will confirm that the uptrend from 110.84 has resumed, then next target would be at 114.73 resistance. Support is at the bottom of the rising price channel...
