USDCAD remains in downtrend from 1.1385, the rise from 1.1121 would possibly be consolidation of the downtrend. Further decline is possible, and next target would be at 1.1090 area. Resistance is at 1.1265, only break above this...
USDCHF’s upward movement from 0.9370 extended to as high as 0.9610. Further rise to test 0.9687 resistance could be expected. Support levels are at 0.9515, and 0.9440, only break below these levels could trigger another fall to...
USDJPY stays in the upward price channel on 4-hour chart, and remains in uptrend from 105.32. As long as the channel support holds, the uptrend could be expected to continue, and next target would be at 109.70...
AUDUSD moved sideways in a trading range between 0.8642 and 0.8910. The sideways movement could be treated as consolidation of the downtrend from 0.9401, as long as 0.8910 resistance holds, another fall to 08400 area is still...
GBPUSD moved sideways in a trading range between 1.5874 and 1.6226. As long as 1.6226 resistance hold, the sideways movement could be treated as consolidation of the downtrend from 1.6524, another fall to 1.5600 area could be...
EURUSD’s downward movement from 1.2867 extended to as low as 1.2547. Further decline to test 1.2500 support could be expected, a breakdown below this level will signal resumption of the downtrend from 1.3700 (Jul 1 high), then...
By Elliott Wave International You may remember that after the 2008-2009 crash, many called into question traditional economic models. Why did they fail? And more importantly, will they warn us of a new approaching doomsday, should there...
USDCAD continued its downward movement from 1.1385, and the fall extended to as low as 1.1121. Resistance is at 1.1265, as long as this level holds, further decline is still possible, and next target would be at...
USDCHF broke above 0.9557 resistance, indicating that the uptrend from 0.9370 has resumed. Further rise to test 0.9687 resistance would likely be seen. Support is at 0.9440, only break below this level could trigger another fall to...
USDJPY continued its upward movement from 105.32, and the rise extended to as high as 109.11. Support is located at the bottom of the price channel on 4-hour chart, as long as the channel support holds, further...
