AUDUSD is facing the support of the upward price channel on daily chart. As long as the channel support holds, the fall from 0.7722 could be treated as consolidation of the uptrend from 0.6826, another rise could...
GBPUSD moved sideways in a range between 1.3835 and 1.4668 for several weeks. As long as 1.4668 key resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5929 (Jun...
EURUSD continued its upward movement from 1.0822, and the rise extended to as high as 1.1453. Further rise could be expected after a minor consolidation, and next target would be at 1.2000 area. Support is at 1.1100,...
By Elliott Wave International The co-editor of our monthly Elliott Wave Financial Forecast newsletter tells you about the emergence of the so-called CoCo bonds, one of the hottest new derivative-backed instruments on Wall Street. Listen as Peter...
You probably saw last year’s Academy Award-winning film about the subprime mortgage meltdown, “The Big Short.” And if not, you know how it ends — with the biggest financial meltdown since the Great Depression. Well, today I’m...
USDCAD’s downward movement from 1.4689 extended to as low as 1.2857. Resistance is at 1.3296, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.2500 area. On...
USDJPY remains in downtrend from 123.75, the sideways movement in a range between 110.66 and 114.87 is likely consolidation of the downtrend. Resistance is at 114.87, as long as this level holds, the downtrend could be expected...
AUDUSD stays in the upward price channel on daily chart, and remains in uptrend from 0.6826. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 0.8000...
GBPUSD continued its sideways movement in a range between 1.3835 and 1.4668. Key resistance is at 1.4668, as long as this level holds, the sideways movement could be treated as consolidation of the downtrend from 1.5929 (Jun...
EURUSD’s upward movement from 1.0517 extended to as high as 1.1438. Further rise could be expected over the next several months, and next target would be at 1.2000 area. Support is at 1.1100, only break below this...
