USDCAD broke below 1.3011 support, indicating that consolidation for the long term uptrend from 0.9406 (Jul 26, 2011 low) is underway. Further decline could be expected after correction, and the target would be at 1.2500 area. Resistance...
USDJPY is forming a sideways consolidation in a narrow range between 118.58 and 121.62. Further rise could be expected after consolidation, and next target would be at 125.00 area. Key support is at 116.13, only a break...
AUDUSD failed to break below 0.6907 support and continued its sideways movement in a range between 0.6907 and 0.7439. As long as 0.7439 resistance holds, the price action in the range could be treated as consolidation of...
GBPUSD is in downtrend from 1.5929, the rise from 1.5107 is likely consolidation of the downtrend. Further decline could be expected over the next several weeks, and next target would be at 1.4700 area. Resistance levels are...
EURUSD moved sideways in a narrow range between 1.1087 and 1.1460. The price action in the range is likely consolidation of the downtrend from 1.1713. Another fall could be expected after consolidation and next target would be...
By Elliott Wave International Volatility, volatility, volatility. It’s all the financial world can talk about lately… and, well, for good reason. In the past few months, the world’s stock markets have endured some of the most gut-wrenching...
By Elliott Wave International In this new interview, Elliott Wave International’s Brian Whitmer explains the indirect connection between Europe’s volatility and deflation. Find out how Brian’s advising his subscribers prepare for deflation. Not familiar with deflation? Learn...
Elliott Wave International’s Senior Commodity Analyst, Jeffrey Kennedy, has just recorded a live webinar titled “Today’s Top Commodity Opportunities.” Besides commodities, Jeffrey also shows you new Elliott wave opportunities in markets like the DJIA and U.S. dollar....
By Elliott Wave International We’ve seen it time and again: The investment crowd often hops aboard a financial trend just as it’s about to end. Government itself is actually a case in point. Here’s what the August...
USDCAD is forming a sideways consolidation in a range between 1.3011 and 1.3456. As long as 1.3011 support holds, the uptrend from 1.1919 could be expected to resume, and further rise to 1.4000 area is possible after...
