EURUSD remains in downtrend from 1.1616 (May 3, 2016 high), the rise from 1.0340 is likely consolidation of the downtrend. Further rally is possible in a couple of weeks, and the target would be at the top...
By Elliott Wave International Markets all around the world are at a critical juncture — you must see this free report now. This is the fifth year EWI has created their annual State of the Global...
USDCAD remains in downtrend from 1.3387. Further decline would likely be seen after a minor consolidation and next target would be at 1.2900 area. Resistance is at 1.3230, as long as this level holds, the downtrend will...
No changed in our view, USDJPY remains in downtrend from 118.60, as long as 115.62 resistance holds, the price action from 112.56 could be treated as consolidation of the downtrend. Further decline would likely be seen and...
AUDUSD moved sideways in a trading range between 0.7493 and 0.7608. As long as 0.7493 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.7159, and further rise to...
GBPUSD remains in uptrend from 1.1986, the fall from 1.2673 is likely consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend...
EURUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 1.0774 could be treated as consolidation of the uptrend from 1.0340, and further...
By Elliott Wave International In this interview, the head of Elliott Wave International’s Educational Resources, Wayne Gorman, tells you about 3 practical benefits of trading with the Elliott Wave Principle: setting realistic price targets, finding ideal entry...
By Elliott Wave International [Editor’s Note: The text version of the story is below.] ********* Most investors, including large groups of professional money managers, extrapolate financial trends into the future. So they’re often completely caught off guard...
USDCAD broke below 1.3240 support, indicating that the pair is back in downtrend. Further decline could be expected over the next several days, and next target would be at 1.2900 area. Resistance is at 1.3230, as long...
