GBPUSD trades above a bullish trend line on the daily chart, suggesting that the pair remains in the uptrend from 1.1946 (Oct 2016 low). As long as the price is above the trend line, the upside movement...
EURUSD failed in its attempt to break below 1.1662 key support, indicating that the pair remains in the uptrend from 1.0340. As long as the price is above 1.1662 level, the price action in the trading range...
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USDCAD is facing the key support at 1.2433. A breakdown below this level will indicate that the upside movement from 1.2061 had completed at 1.2598 already, then the following downside movement could bring price back to next...
USDJPY failed in its attempt to breakout of 113.43 resistance and stays in a trading range between 111.47 and 113.43. Lengthier sideways movement would likely be seen in the coming days. As long as 111.47 key support...
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.7732. As long as the price is above the trend line, the upside movement could be expected to continue and...
GBPUSD failed to breakout of the support-turned-resistance trend line on the 4-hour chart and extended its downside movement from 1.3337 to as low as 1.3131. Further decline could be expected after a minor consolidation and a breakdown...
EURUSD is facing 1.1879 resistance, above this level could signal resumption of the uptrend from 1.1669, then further upside movement towards 1.2029 could be seen. Support levels are at 1.1800 and 1.1669, only break below these levels...
By Elliott Wave International Many investors see almost no risk in the stock market. Indeed, they are betting to a record degree that the stock market will continue to rise. In EWI’s view, here’s what this extreme...
The BTCUSD trades within a rising price channel with support at its bottom around 5110 on the 4-hour chart, indicating that the price remains in the uptrend from 2970. As long as the price is in the...
