By Elliott Wave International Each Elliott wave pattern has its own common Fibonacci relationships between waves. You can use them to set your price targets and determine where the trend should reverse. In other words, Fibonacci ratios...
By Elliott Wave International Jeffrey Kennedy, the editor of our popular Trader’s Classroom educational service, weighs in on how you know when it’s time to enter a trade. [Editor’s Note: A text version of the video is...
USDCAD broke below the bottom of the price channel on daily chart, indicating that the downtrend from 1.4689 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.1500...
USDJPY is facing 98.97 support, a breakdown below this level will signal resumption of the downtrend from 123.75 (Nov 18, 2015 high), then next target would be at 95.00 area. Key resistance is at 107.48, only break...
AUDUSD stays above the upward trend line on daily chart and remains in uptrend from 0.7144. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Key resistance is at 1.3800, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and...
EURUSD broke above the downward trend line on daily chart, indicating that the downward movement from 1.1616 had completed at 1.0911 already. The pair is now in uptrend. Further rise could be expected over the next several...
By Elliott Wave International In part 2 of our in-depth interview with Steve Hochberg, Steve explains what else makes Elliott wave analysis so useful and practical. If you missed part 1 of our in-depth interview with Steve...
USDCAD stays in the upward price channel on daily chart, and remains in short term uptrend from 1.2654. Near tern support is at the bottom of the channel. As long as the channel support holds, the uptrend...
USDJPY stays below the downward trend line on daily chart, and remains in downtrend from 123.75 (Nov 18, 2015 high). As long as the trend line resistance holds, the downtrend could be expected to continue, and next...
