USDJPY broke above the falling trend line from 115.50 to 114.49 on its daily chart. Further rise to test 115.50 resistance could be expected after a minor consolidation. Above this level will indicate that the downside movement...
AUDUSD extended its bearish movement from 0.8124 to as low as 0.7624. Further decline could be expected after a minor consolidation and next target would be at 0.7535. Resistance is at the bearish trend line on the...
GBPUSD is now facing the bullish support trend line from 1.2109 to 1.2774 on the daily chart. A clear break below the trend line support could take price to a key support level at 1.2774, below this...
EURUSD broke below 1.1662 key support, indicating that the bullish movement from 1.0340 had completed at 1.2092 already. Further decline could be expected and next target would be at the resistance-turned-support trend line on the weekly chart...
By Elliott Wave International Understanding the Wave principle doesn’t have to be hard. In fact, as you’ll see in this 5-minute clip, learning from EWI’s Chief Currency Strategist Jim Martens can be downright entertaining. Watch as the...
By Alan Hall, senior analyst at the Socionomics Institute Preview Here’s Why Stocks and Home Runs Are at All-Time Highs By Alan Hall, senior analyst at the Socionomics Institute This article was originally published on CNBC under...
By Elliott Wave International Robert Kelley, the editor of our US Stocks Intraday Pro Service, tells you about a sentiment extreme that he’s seen recently. Watch this new interview to find out what has caught his attention...
USDCAD stays above a bullish trend line on the 4-hour chart and remains in the uptrend from 1.2450. As long as the trend line support holds, the uptrend could be expected to continue and next target would...
USDJPY failed to break below the rising trend line on the 4-hour chart, indicating that the pair remains in the uptrend from 111.65. As long as the trend line support holds, the uptrend could be expected to...
AUDUSD extended its downside movement from 0.7897 to as low as 0.7635, breaking below the resistance-turned-support trend line on the weekly chart. Near term resistance is at the bearish trend line on the 4-hour chart. As long...
