EURUSD broke below 1.0352 support, indicating that the downtrend from 1.1299 (Nov 9, 2016 high) has resumed. Further decline could be expected and next target would be at 1.0200 area. Resistance levels are at 1.0500 and 1.0653,...
By Elliott Wave International Jeffrey Kennedy talks about how the Elliott Wave Principle helps you identify trade setups. Watch this new interview to learn how the Wave Principle helps you trade with the trend, which waves are...
USDCAD broke below 1.3471 support, indicating that the uptrend from 1.3080 had completed at 1.3598 already. Deeper decline could be expected, and the target would be at 1.3300 area. Resistance is at 1.3500, only break above this...
No changed in our view, USDJPY remains in uptrend from 101.18 (Nov 09, 2016 low), the fall from 118.66 is likely consolidation of the uptrend. Key support is at 114.73, as long as this level holds, the...
AUDUSD moved sideways in a trading range between 0.7159 and 0.7246. As long as 0.7246 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 0.7524, and further decline to...
GBPUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 1.2774. As long as the channel resistance holds, the rise from 1.2202 could be treated as consolidation of the downtrend, and further...
EURUSD remains in downtrend from 1.1299 (Nov 9, 2016 high), the rise from 1.0352 could be treated as consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected...
USDCAD’s upward movement from 1.3080 extended to as high as 1.3580. Further rise is still possible after a minor consolidation, and next target would be at 1.3700 area. Support is at 1.3471, only break below this level...
USDJPY moved sideways in a narrow range between 116.54 and 118.66. As long as 116.54 support holds, the price action in the range could be treated as consolidation of the uptrend from 101.18, and further rise to...
AUDUSD remains in downtrend from 0.7524, the rise from 0.7159 is likely consolidation of the downtrend. Resistance is at 1.7280, as long as this level holds, the downtrend could be expected to continue, and next target would...
