USDJPY’s upward movement from 105.32 extended to as high as 115.17. Support is now at 113.17, as long as this level holds, the uptrend could be expected to continue, and next target would be at 117.00 area....
AUDUSD broke below 0.8642 support, indicating that the downtrend from 0.9401 (Sept 5 high) has resumed. Further decline could be expected over the next several days, and next target would be at 0.8400 area. Near term resistance...
GBPUSD broke below 1.5874 support, indicating that the downtrend from 1.6524 (Sept 19 high) has resumed. Further decline could be expected, and next target would be at 1.5600 area. Resistance is at 1.6040, only break above this...
EURUSD is facing 1.2441 support, a breakdown below this level will signal resumption of the downtrend from 1.2867, then next target would be at 1.2200 area. Resistance is located at the upper line of the price channel...
By Elliott Wave International What do the last three chairs of the U.S. Federal Reserve have in common? Well, it’s not their taste in structured black blazers. It’s the fact that they all see gold as a...
USDCAD broke above 1.1385 resistance, indicating that the uptrend from 1.0810 (Aug 29 low) has resumed. Further rise could be expected, and next target would be at 1.1500 area. Support is at 1.1330, only break below this...
USDCHF remains in uptrend from 0.9370, the fall from 0.9689 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...
USDJPY remains in uptrend from 105.32, the fall from 114.21 is likely consolidation of the uptrend. Support levels are at 112.50 and 112.00, as long as these levels hold, the uptrend could be expected to continue, and...
AUDUSD failed to break below 0.8642 support, and stayed in the trading range between 0.8642 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9401 (Sept 5 high). Another fall to...
GBPUSD stays in a trading range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.6524 (Sept 19 high), another fall...
