Our partners at Elliott Wave International, the world’s leader in Elliott wave analysis since 1978, have some exciting news! FREE EVENT For commodity investors and traders May 10-17 at elliottwave.com What if you could see new opportunities...
USDCAD broke out of the bottom of the ascending price channel on 4-hour chart, indicating that the bullish movement from 1.3223 had completed at 1.3793 already. Further decline could be expected over the next several days and...
USDJPY stays in a rising price channel on 4-hour chart and remains in uptrend from 108.13. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...
AUDUSD is in downtrend from 0.7555, the rise from 0.7367 is likely consolidation of the downtrend. Range trading between 0.7367 and 0.7450 would likely be seen in a couple of days. Resistance is at 0.7450, only a...
GBPUSD stays in the ascending price channel on 4-hour chart and remains in uptrend from 1.2365. As long as the pair is in the channel, the uptrend could be expected to continue and next target would be...
EURUSD’s bullish movement from 1.0569 extended to as high as 1.1021. Support level is now at 1.0874, as long as this level holds, the bullish movement could be expected to continue and next target would be at...
USDCAD’s upward movement from 1.2968 extended to as high as 1.3793. Further rise could be expected and next target would be at 1.4000 area. Support is at 1.3570, only a breakdown below this level will indicate that...
USDJPY is facing the resistance of descending price channel on daily chart. As long as the channel resistance holds, the rise from 108.13 could be treated as consolidation of the downtrend from 118.66, and another fall towards...
AUDUSD moved below a descending trend line on daily chart and remains in downtrend from 0.7749. As long as the pair is below the trend line, the downward movement could be expected to continue, and next target...
GBPUSD’s upward movement from 1.2109 extended to as high as 1.2984. Near term support is at 1.2756, as long as this level holds, the upward move could be expected to continue and next target would be at...