GBPUSD’s downward movement from 1.5929 extended to as low as 1.4251. Near term resistance is at 1.4550, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.3700...
EURUSD is in uptrend from 1.0517, the fall from 1.1059 is likely correction of the uptrend. Further rise could be expected after correction, and next target would be at 1.2000 area. Support level are at 1.0700 and...
By Elliott Wave International As the books were closed on 2015, the Chicago Tribune reported: “After a dismal stock finish to 2015, your natural conclusion might be: Why did I bother? “The Standard & Poor’s 500 finished...
USDCAD’s upward movement from 1.2831 extended to as high as 1.4176. Support is at the upward trend line on daily chart. As long as the trend line support holds, the uptrend could be expected to continue, and...
USDJPY is facing 116.13 support, a breakdown below this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already, then the following downward movement...
AUDUSD is facing 0.6907 support, a breakdown below this level will indicate that the long term downtrend from 0.9504 (Jul 1, 2014 high) has resumed, then the following downward movement could bring price to 0.6500 area. On...
GBPUSD broke below 1.4565 (Apr 13, 2015 low) support. Further decline could be expected after a minor consolidation, and next target would be at 1.4000 area. Near term resistance is at 1.4750, as long as this level...
No changed in our view, EURUSD remains in uptrend from 1.0517, the fall from 1.1059 is treated as correction of the uptrend. Another rise could be seen after correction, and next target would be at 1.2000 area....
USDCAD stays in a upward price channel on daily chart, and remains in uptrend from 1.2831. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 1.5000...
USDJPY continued its downward movement from 123.75, and the fall extended to as low as 120.00. Further decline would likely be seen in a couple of weeks, and next target would be at 118.00 area. Resistance is...
