AUDUSD broke above 0.7497 resistance, indicating that the uptrend from 0.7310 has resumed. Further rise could be expected in a couple of days, and next target would be at 0.7600 zone. Support is at the upward trend...
GBPUSD is facing the support of the upward price channel on 4-hour chart. As long as the channel support holds, the fall from 1.2774 could be treated as consolidation of the uptrend from 1.2302 and further rise...
AUDUSD failed to break above 0.7497 resistance. Another fall to test 0.7310 support would likely be seen in a couple of days, a breakdown below this level will confirm that the longer term downtrend from 0.7778 has...
GBPUSD remains in uptrend from 1.2302, the fall from 1.2774 is likely consolidation of the uptrend. Support is at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the uptrend...
EURUSD remains in uptrend from 1.0505, the fall from 1.0796 is likely consolidation of the uptrend. Further rise could be expected after consolidation and next target would be at 1.0900 area. Support is at 1.0600, only break...
By Elliott Wave International Last week’s shocking spike in crude oil prices is +12% and counting, the biggest one-week gain in five years. Media stories blame one culprit: the November 30 OPEC agreement to cut production. In...
USDCAD’s downward movement from 1.3588 extended to as low as 1.3235. Further decline is still possible, and next target would be at 1.3100 area. Resistance levels are at 1.3360 and 1.3390, only break above these levels will...
AUDUSD is facing 0.7497 resistance, a break of this level will indicate that the uptrend from 0.7310 has resumed, then next target would be at 0.7600 area. On the downside, as long as 0.7497 resistance holds, another...
EURUSD broke above 1.0689 resistance, indicating that the downtrend from 1.1299 is complete. Further rally could be expected in a couple of days, and next target would be at 1.0900 area. Support is at 1.0600, only break...
USDCAD continued its downward movement from 1.3588 and the fall extended to as low as 1.3254. Deeper decline is still possible, and next target would be at 1.3100 area. Resistance is at 1.3390, only break above this...
