EURUSD failed to break below 1.0505 support and rebounded to 1.0650 area. However another fall to test 1.0505 support is still possible, a breakdown below this level will signal resumption of the downtrend from 1.1299, then next...
USDCAD stays in the downward price channel on 4-hour chart and remains in downtrend from 1.3536. Further decline could be expected and next target would be at 1.3000 area. Resistance is located at the top of the...
USDJPY broke above 114.82 resistance and continued its upward movement from 101.18. Further rise could be expected over the next several days, and next target would be at 117.00 area. Support is now at 112.83, only break...
AUDUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 0.7369 had completed at 0.7508 already. The pair is now in downtrend, further decline could be expected and next target would be...
GBPUSD broke below the bottom of the price channel on 4-hour chart, and is now in downtrend from 1.2774. Further decline would likely be seen in a couple of days, and next target would be at 1.2450...
EURUSD is in downtrend from 1.0873. Further decline would likely be seen after a minor consolidation and next target would be at 1.0400 area. Resistance is at 1.0680, only break above this level could trigger another rise...
By Elliott Wave International Every day, the mainstream financial experts attempt to explain away fluctuations in stock market trends with some “fundamental factor” du jour, all of which boil down to this: good news causes a market...
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.2460, as long as the channel support support holds, the fall from 1.3588 could be treated as consolidation of the uptrend. Another...
USDJPY’s upward movement from 101.18 extended to as high as 115.36. Key support is at 111.35, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00 area....
No changed in our view, AUDUSD remains in downtrend from 0.7778. Resistance is at 0.7530, as long as this level holds, another fall to 0.6900 area could be expected after a minor consolidation. Only break above 0.7530...
