USDJPY is in consolidation of the uptrend from 98.97 (Jun 24, 2016 low). Range trading between 110.00 and 118.66 would likely be seen over the next several weeks. As long as 110.00 support holds, the uptrend could...
AUDUSD is now in uptrend from 0.7158. Further rise could be expected over the next several weeks, and next target would be at 0.8000 area. Support is at 0.7300, only break below this level could trigger another...
GBPUSD failed to break below 1.1946 previous low support and stayed in the trading range between 1.1946 and 1.2774. Further rise to test 1.2774 resistance could be expected in a couple of weeks. As long as 1.2774...
EURUSD is in downtrend from 1.1616 (May 3, 2016 high), the rise from 1.0340 could be treated as consolidation of the downtrend. Further rise would likely be seen in a couple of weeks, and the target would...
USDCAD remains in uptrend from 1.3018, the fall from 1.3353 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.3500 area. Support is at 1.3150, only break...
USDJPY broke above the downward trend line on 4-hour chart, indicating that the downtrend from 118.60 had completed at 112.56 already. Further rise could be expected and next target would be at 117.50 area. Near term support...
AUDUSD failed to break below the upward trend line on 4-hour chart, and continued its upward movement from 0.7159. As long as the trend line support holds, the uptrend could be expected to continue, and next target...
GBPUSD remains in uptrend from 1.1986, the fall from 1.2415 could be treated as consolidation of the uptrend. Support is at 1.2180, as long as this level holds, the uptrend could be expected to resume, and further...
EURUSD stays above the upward trend line on 4-hour chart and remains in uptrend from 1.0340. As long as the trend line support holds, the fall from 1.0719 could be treated as consolidation of the uptrend. Further...
By Elliott Wave International There’s an old saying on Wall Street that goes “buy low and sell high.” It’s usually said in jest because it’s a feat that’s much easier said than done. History shows that most...
