USDCAD remains in uptrend from 1.2406, the fall from 1.2797 is likely consolidation of the uptrend. Support is at 1.2600, as long as this level holds, the uptrend could be expected to continue, and next target would...
USDJPY failed to break below the upward trend line on 4-hour chart, indicating that the pair remains in uptrend from 118.23, the fall from 122.02 could be treated as consolidation of the uptrend. As long as the...
AUDUSD broke above 0.7700 resistance, indicating that the downward movement from 0.7912 had completed at 0.7560 already. Further rise could be expected, and the target would be at 0.7850 area. Support is at 0.7560, only break below...
GBPUSD’s downward movement from 1.5551 extended to as low as 1.4849. Resistance is now at 1.5050, as long as this level holds, the downtrend could be expected to continue and next target would be at 1.4500 area....
EURUSD remains in downtrend from 1.1450, the rise from 1.0494 is likely consolidation of the downtrend. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected to continue, and next target would...
By Elliott Wave International I can’t help it. Whenever I read the mainstream financial news, I feel like I’m eavesdropping on a job interview at Microsoft. In case you don’t remember — Microsoft was made famous, in...
USDCAD’s upward movement from 1.2406 extended to as high as 1.2797. Further rise could be expected after a minor consolidation, and next target would be at 1.3000 area. Support is at 1.2640, as long as this level...
USDJPY remains in uptrend from 118.23, the fall from 122.02 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...
AUDUSD’s downward movement from 0.7912 extended to as low as 0.7560. Further decline could be expected, and next target would be at 0.7400 area. Resistance is at 0.7700, only break above this level could signal completion of...
GBPUSD remains in downtrend from 1.5551, and the downward movement extended to as low as 1.4893. Further decline could be expected after a minor consolidation, and next target would be at 1.4500 area. Resistance is at 1.5050,...
