GBPUSD broke above 1.2387 resistance, indicating that the downtrend from 1.2774 had completed at 1.2199 already. Further rise could be expected over the next several days and next target would be at 1.2700 area. Support levels are...
EURUSD’s bounce from 1.0340 extended to as high as 1.0615. Further rise is still possible in a couple of days, and next target would be at 1.0800 area. Support is at 1.0475, only break below this level...
USDCAD’s downward movement from 1.3598 extended to as low as 1.3281. Further decline is still possible after a minor consolidation, and next target would be at 1.3150 area. Resistance is at 1.3390, as long as this level...
USDJPY failed to break above 118.66 resistance. Another fall to test 114.73 support would likely be seen over the next several days. Key support is at 114.73, as long as this level holds, the uptrend from 101.18...
AUDUSD broke above 0.7246 resistance, indicating that the downtrend from 0.7524 had completed at 0.7159 already. Further rally could be expected over the next several days, and the target would be at 0.7400 area.
GBPUSD moved sideways in a trading range between 1.2199 and 1.2387. As long as 1.2387 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.2774, and further decline to...
After touching 1.0352 support, EURUSD rebounded to 1.0500 zone, indicating that lengthier consolidation for the downtrend from 1.1299 (Nov 9, 2016 high) is needed. Further rally could be expected and the target would be at 1.0650 area.
By Elliott Wave International It’s that time of year again, when before us an entirely new blank slate is laid, which we eagerly fill with promises of better health, habits, and life choices. But, according to Statisticsbrain.com,...
USDJPY is facing 118.66 resistance, a break of this level will indicate that the uptrend from 101.18 (Nov 09, 2016 low) has resumed, then next target would be at 120.00 area. Key support is at 114.73, only...
GBPUSD broke below 1.2202 support, indicating that the downtrend from 1.2774 has resumed. Resistance is at the top of the price channel on 4-hour chart. As long as the channel resistance holds, the downtrend could be expected...
