By Elliott Wave International ‘It’s the most wonderful time of the year,’ goes the famous holiday song. Except on Black Friday morning, that is, when a deadly stampede of shoppers at the big-name box store runs Granny...
USDCAD broke below the rising trend line on the 4-hour chart, indicating that the upside movement from 1.2666 had completed at 1.2836 already. Further decline to test 1.2666 support could be expected. A breakdown below this level...
USDJPY broke below 111.65 support and extended its downside movement from 114.73 to as low as 111.06. Near term resistance is at the falling trend line on the 4-hour chart. As long as the trend line resistance...
AUDUSD broke above 0.7610 resistance, indicating that the downtrend from 0.7729 had completed at 0.7532 already. Further rally is still possible and next target would be at 0.7650 area. Above here could trigger further upside move towards...
GBPUSD extended its upside movement from 1.3039 to as high as 1.3329, facing the key resistance at 1.3337. Above this level could trigger further upside movement to 1.3470 area. Near term support is at the bottom trend...
EURUSD broke above the fall trend line on the 4-hour chart, indicating that the short term downtrend from 1.1860 had completed at 1.1712 already. Further rally would likely be seen in the coming days and next target...
USDCAD stays above a rising trend line on the 4-hour chart and remains in the short term uptrend from 1.2666. As long as the trend line support holds, the uptrend could be expected to continue and next...
USDJPY stays below a falling trend line on the 4-hour chart and remains in short term downtrend from 114.73. As long as the price is below the trend line, the downtrend could be expected to continue and...
AUDUSD broke above the falling trend line on the 4-hour chart and is now facing 0.7610 resistance. As long as this level holds, the rise from 0.7532 could be treated as consolidation of the downtrend from 0.7729,...
GBPUSD stays in a rising price channel on the 4-hour chart and remains in the uptrend from 1.3039. As long as the price is in the channel, the upside movement could be expected to continue and further...
