USDCHF moved sideways in a trading range between 0.9531 and 0.9739. As long as 0.9531 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.9370, another rise to 1.0000...
USDJPY broke above 118.97 resistance, indicating that the uptrend from 105.32 has resumed. Further rise could be expected, and next target would be at 122.00 area. Support is now at 117.23, only break below this level could...
AUDUSD’s downward movement from 0.8795 extended to as low as 0.8416. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected to...
GBPUSD broke below 1.5590 support, indicating that the downtrend from 1.6182 has resumed. Further decline could be expected, and next target would be at 1.5400 area. Resistance is at 1.5670, only break above this level will indicate...
EURUSD moved sideways in a trading range between 1.2358 and 1.2599. The price action in the range is likely consolidation of the downtrend from 1.2867, another fall to 1.2000 area is still possible after consolidation. Support is...
By Elliott Wave International The foreign currency exchange market, known as forex, is the most liquid financial market on the planet — liquid to the tune of $5.3 trillion traded per day! That basically means every single...
After touching the bottom of the price channel on daily chart, USDCAD rebounded from 1.1191, indicating that the pair remains in uptrend from 1.0619. Further rise would likely be seen, and next target would be at 1.1800...
USDCHF remains in uptrend from 0.8703, the fall from 0.9741 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on daily chart, as long as the channel support holds,...
USDJPY remains n uptrend from 101.06, the fall from 118.97 is likely consolidation of the uptrend. Support is at 115.45, as long as this level holds, the uptrend could be expected to continue, and next target would...
AUDUSD’s downward movement from 0.9504 extended to as low as 0.8479. Key resistance is at 0.8794, as long as this level holds, the downtrend could be expected to continue, and next target would be at 0.8000 area....
