AUDUSD broke above 0.7444 resistance, indicating that the downtrend from 0.7778 had completed at 0.7310 already. Range trading between 0.7310 and 0.7500 is possible over the next several days. Resistance is at 0.7500, as long as this...
GBPUSD remains in downtrend from 1.2673, the rise from 1.2302 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and the target would be at 1.2000 area.
EURUSD is facing 1.0657 resistance, a break of this level will indicate that the downward movement from 1.1299 had completed at 1.0518 already, then further rally to 1.0800 area could be seen. On the downside, as long...
USDCAD remains in uptrend from 1.2763. Further rise could be expected after a minor consolidation, and next target would be at 1.3800 area. Support is at 1.3264, only break below this level could signal completion of the...
USDJPY’s upward movement from 101.18 extended to as high as 113.89. Further rise could be expected after a minor consolidation and next target would be at 120.00 area. Support levels are at 111.50 and 109.00, as long...
AUDUSD is in downtrend from 0.7778. Further decline is possible over the next several weeks, and next target would be at 0.6900 area. Resistance is at 0.7530, only break above this level could trigger another rise towards...
GBPUSD is in consolidation of the downtrend from 1.5016. Range trading between 1.1946 and 1.2700 would likely be seen over the next several weeks. Resistance is at 1.2700, as long as this level holds, the downtrend could...
EURUSD is facing 1.0462 (Mar 13, 2015 low) support, a breakdown below this level will indicate that the long term downtrend from 1.3993 (May 8, 2014 high) has resumed, then next target would be at 0.9000 area....
By Elliott Wave International In this new interview, Wayne Gorman, the head of our Educational Resources Department, offers tips and strategies for options traders. Alexandra Lienhard: Welcome to ElliottWaveTV. I’m Alexandra Lienhard, and today I’m joined by...
USDJPY continued its upward movement from 101.18 and the rise extended to as high as 113.89. Support is at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend could...
