EURUSD broke above 1.2698 resistance, indicating that the downtrend from 1.2994 had completed at 1.2500 already. Further rally would likely be seen, and the target would be at 1.2850 area. Support is at 1.2600, only break below...
By Elliott Wave International Since hitting a record high of $1921.50 per ounce in September 2011, gold prices have erased 30% in value. By the end of day on October 3, 2014, gold prices were circling the...
USDCAD remains in uptrend from 1.0886, the fall from 1.1269 is likely consolidation of the uptrend. Key support is at 1.1071, as long as this level holds, the uptrend could be expected to resume, and next target...
USDCHF broke below the upward trend line on 4-hour chart, deeper decline to test 0.9516 support is possible, a breakdown below this level will indicate that consolidation of the uptrend from 0.8997 (Aug 15 low) is underway,...
USDJPY broke below 108.00 support, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10 low) is needed. Range trading between 107.00 and 110.08 would likely be seen over the next several days. However, the uptrend...
AUDUSD broke above 0.8826 resistance, indicating that the downtrend from 0.9401 had completed at 0.8642 already. Further rally would likely be seen in a couple of days, and the target would be at 0.8900 – 0.8950 area....
GBPUSD is facing the resistance of the downward trend line on 4-hour chart. As long as the trend line resistance holds, the rise from 1.5951 could be treated as consolidation of the downtrend from 1.6524, another fall...
EURUSD is facing 1.2698 resistance, a break of this level will indicate that the downtrend from 1.2994 had completed at 1.2500 already, then further rise to 1.2850 area could be seen. On the downside, as long as...
USDCAD stays above the upward trend line on 4-hour chart, and remains in uptrend from 1.0886, the fall from 1.1269 could be treated as consolidation of the uptrend. Another rise could be expected after consolidation, and next...
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.9300, the fall from 0.9687 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
