USDJPY remains in downtrend from 123.75 (Nov 18, 2015 high). Further decline could be expected after a minor consolidation, and next target would be at 95.00 area. Near term resistance is at the downward trend line on...
AUDUSD remains in uptrend from 0.7144. Further rise could be expected in a couple of weeks, and next target would be at 0.8000 area. Near term support is at 0.7400, only break below this level could bring...
GBPUSD continued its sideways movement in a range between 1.2795 and 1.3480. Resistance is at 1.3800, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.2000 area.
EURUSD failed to break above the downward trend line on daily chart, indicating that the pair remains in downtrend from 1.1616. As long as the rend line resistance holds, the downtrend could be expected to continue, and...
By Elliott Wave International In this interview, the head of Elliott Wave International’s Educational Resources, Wayne Gorman, tells you about 3 practical benefits of trading with the Elliott Wave Principle: setting realistic price targets, finding ideal entry...
After touching 1.3188 resistance, USDCAD pulled back into the trading range between 1.2460 and 1.3250, indicating that the pair remains in downtrend from 1.4689, and the price action from 1.2460 could be treated as consolidation of the...
Being contained by the resistance of the downward trend line on daily chart, USDJPY pulled back from 107.48, indicating that the pair remains in downtrend from 123.75 (Nov 18, 2015 high), and the bounce from 98.97 could...
AUDUSD’s upward movement from 0.7144 extended to as high as 0.7676. Further rise would likely be seen after a minor consolidation, and next target would be at 0.8000 area. Near term support is at 0.7400, only break...
GBPUSD moved sideways in a range between 1.2795 and 1.3480. As long as 1.3800 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.2000...
EURUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend from 1.1616 could be expected to continue, and next target would be at 1.0600...
