EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.2500 had completed at 1.2867 already. Further decline to test 1.2500 support would likely be seen, a breakdown below this level will...
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 is facing the support of the price channel on 4-hour chart, a clear break below the channel support could signal completion of the uptrend from 1.0886, then deeper decline to 1.0800 area could be seen. On...
USDCHF broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.9687 had completed at 0.9370 already. Further rise could be expected, and next target would be at 0.9650 area. Support is at...
USDJPY remains in uptrend from 105.32, the fall from 107.39 is likely consolidation of the uptrend. Further rise could be expected, and next target would be at 109.00 area. Support is at 106.10, only break below this...
AUDUSD moved sideways in a range between 0.8642 and 0.8898. As long as 0.8898 resistance holds, the price action in the range could be treated as consolidation of the downtrend, and another fall to 0.8400 area is...
GBPUSD is facing 1.6226 resistance, as long as this level holds, the price action in the range between 1.5874 and 1.6226 could be treated as consolidation of the downtrend from 1.6524, another fall to 1.5600 area could...
EURUSD is facing the support of the downward trend line on 4-hour chart, a clear break below the trend line support will indicate that the uptrend from 1.2500 had completed at 1.2867 already, then the following downward...
By Elliott Wave International In case you’ve been roving Mars for the past month, you’ve missed quite a fiasco from the world’s leading stock market: “Since it topped out last month, the Dow has suffered eight triple...
USDCAD remains in uptrend from 1.0886, the fall from 1.1385 could be treated as consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support...
