GBPUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.1946. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
EURUSD remains in downtrend from 1.1366, the price action from 1.0518 is likely consolidation of the downtrend. Further decline to test 1.0462 (Mar 13, 2015 low) support is possible, and a breakdown below this level will indicate...
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USDCAD’s downward movement from 1.3588 extended to as low as 1.3183. Further decline is still possible after a minor consolidation, and next target would be at 1.3100 area. Resistance is at 1.3355, only break above this level...
USDJPY remains in uptrend from 101.18, the fall from 114.82 is likely consolidation of the uptrend. Support levels are at 112.83 and 111.35, as long as these levels hold, the uptrend could be expected to resume, and...
AUDUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend from 0.7369 could be expected to continue, and next target would be at 0.7600...
GBPUSD broke below the bottom of the price channel on 4-hour chart, indicating that the upward movement from 1.2302 had completed at 1.2774 already. Deeper decline could be expected in a couple of days, and next target...
EURUSD’s upward movement from 1.0505 had completed at 1.0873 already. The pair is now in downtrend, deeper decline to test 1.0462 (Mar 13, 2015 low) support is possible. Near term resistance is at 1.0700, only break above...
By Elliott Wave International [Editor’s Note: The text version of the story is below.] ********* What a rout in the bond market in November (Bloomberg, Dec. 1): Global Bonds Suffer Worst Monthly Meltdown as $1.7 Trillion Lost...
USDCAD continued its downward movement from 1.3588 and the fall extended to as low as 1.3213. Further decline is still possible after a minor consolidation, and next target would be at 1.3100 area. Resistance is at 1.3355,...
