AUDUSD failed to break below the support of the bullish trend line on the daily chart and rebounded strongly from 0.7807, suggesting that the pair remains in the uptrend from 0.7328. As long as the price is...
GBPUSD broke below the bullish support trend line on its daily chart. Further decline to test 1.2589 key support is possible over the next several days. As long as this level holds, the fall from 1.3267 could...
EURUSD’s pullback from 1.1909 extended to as low as 1.1662. Deeper decline towards the bottom support trend line of the price channel on its daily chart is still possible in the coming days. However, as long as...
AUDUSD rebounded strongly to 0.7960 area after approaching the bullish trend line on its daily chart, suggesting that the pair remains in the uptrend from 0.7328 and the pullback from 0.8065 could be treated as consolidation of...
USDCAD is now in short term downtrend from 1.2778. Further decline would likely be seen and next target would be at 1.2535, followed by 1.2413. Resistance levels are at 1.2690 and 1.2778, only break above these levels...
No changed in our view, USDJPY remains in the uptrend from 108.73, the pullback from 110.94 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 112.00...
AUDUSD is now in the uptrend from 0.7807, the pullback from 0.7962 is likely correction of the uptrend. Another rise could be expected after the correction and next target would be at 0.8050 area. Key support is...
GBPUSD remains in the downtrend from 1.3267, the bounce from 1.2841 is likely consolidation of the downtrend. Near term resistance is at top trend line of the price channel on its 4-hour chart. As long as the...
EURUSD extended its downside movement to as low as 1.1662. Deeper decline towards the bottom support trend line of the price channel on its daily chart is still possible. Near term resistance is at the falling trend...
By Elliott Wave International The other day, I went paddle-boarding for the first time and was struck by a familiar feeling; one that comes from, of all things, speculating in the markets. See, when your board is...
