EURGBP recently broke below the bullish trend line at 0.9050 on its daily chart. The subsequent fall had taken price to as low as 0.8866, indicating that the upside movement from 0.8313 had completed at 0.9306 already....
By Elliott Wave International Using the same market indicators everyone else uses can lead you to make the same mistakes everyone else makes. Here’s a chart that proves the point — you won’t see this one elsewhere....
USDCAD extended its rebound from 1.2061 to as high as 1.2239. Further rise is still possible and the target would be at the bearish trend line on the daily chart. However, the bounce is likely consolidation of...
USDJPY broke above 110.94 resistance, indicating that the downtrend from 114.49 (Jul 11 high) had completed at 107.31 already. The pair is now in uptrend from 107.31, the fall from 111.03 could be treated as correction of...
AUDUSD rebounded from 0.7955 after touching the bottom support trend line of the price channel on the 4-hour chart, indicating that the pair remains in the uptrend from 0.7807. As long as the price is in the...
GBPUSD extended its upside movement from 1.2774 to as high as 1.3405, facing the resistance level at 1.3444. Near term support is at the bullish trend line on the 4-hour chart. As long as the price is...
EURUSD stays below a bearish trend line on the 4-hour chart and remains in the short term downtrend from 1.2092. As long as the trend line resistance holds, the downside movement could be expected to continue and...
EURUSD stays in a bullish price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the fall from 1.2092 could be treated as consolidation of...
Our Friends at Elliott Wave International are opening the doors to their entire lineup of trader-focused Pro Services — but only for a week! Now through Wednesday, Sept. 20, get free access to every forecast, every chart,...
USDCAD’s bounce from 1.2061 extended to as high as 1.2219. Further rally is still possible in a couple of days and the target would be at the bearish trend line on the daily chart now at 1.2515....
