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...
AUDUSD’s upward movement from 0.7144 extended to as high as 0.7755. Further rise could be expected after a minor consolidation, and next target would be at 0.8000 area. Support is at 0.7400, only break below this level...
GBPUSD stayed in the trading range between 1.2795 and 1.3480. As long as 1.3800 level holds, the price action from 1.2795 could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.2000 area...
EURUSD is facing the downward trend line resistance again. A clear break above the trend line resistance will indicate that the downtrend from 1.1616 had completed at 1.0911 already, then the following upward movement could bring price...
By Elliott Wave International Steve Hochberg, our Chief Market Analyst, sits down with ElliottWaveTV to talk about his background, how he discovered the Wave Principle, and why “it’s applicable to all markets.” This is part 1 of...
Despite new all-time highs in the stock market, US economic data is lagging. In fact, real GDP per person just dropped to its lowest level in more than 75 years! While major news outlets never miss a...
USDCAD is in short term uptrend from 1.2654. Further rise is still possible in a couple of weeks, and the target would be at 1.3300 – 1.3400 area. Support level is at 1.2800, a breakdown below this...
