EURUSD is facing 1.0851 support, range trading between 1.0864 and 1.1000 would likely be seen before breaking below this level. Resistance is at 1.1000, as long as this level holds, the rise from 1.0864 could be treated...
By Elliott Wave International [Editor’s Note: The text version of the story is below.] ********* It’s earnings season, and most investors are paying close attention (Reuters, Oct. 9): “If there’s something that can help the outlook for...
USDJPY remains in downtrend from 105.53. Further decline could be expected over the next several days, and next target would be at 100.50 area.
AUDUSD’s upward movement from 0.7557 had completed at 0.7778 already. Deeper decline could be expected in a couple of days, and next target would be at 0.7550 area.
GBPUSD is facing 1.2330 support, a breakdown below this level will indicate that the upward movement from 1.1946 had completed at 1.2557 already, then further decline to test 1.1946 previous low support could be seen. However, as...
EURUSD remains in uptrend from 1.0851. Further rise could be expected over the next several days, and next target would be at 1.1300 area.
USDCAD’s upward movement from 1.3005 extended to as high as 1.3465. Key support is at 1.3276, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.3600 area.
USDJPY remains in downtrend from 105.53, the bounce from 102.54 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 100.50 area.
AUDUSD remains in uptrend from 0.7557, the fall from 0.7696 is likely consolidation of the uptrend. Further rise would likely be seen over the next several days, and next target would be at 0.7800 area. Support is...
GBPUSD’s upward movement from 1.2082 extended to as high as 1.2557. Further rise is still possible after a minor consolidation, and next target would be at 1.2650 area. Key support is at 1.2330, only break below this...
