No changed in our view, USDCAD remains in uptrend from 1.0619, the price action from 1.0985 is treated as consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be...
USDCHF stays above the upward trend line on daily chart, and remains in uptrend from 0.8703. Near term support is at 0.9240, as long as this level holds, the uptrend could be expected to continue, and next...
USDJPY broke above 105.44 (Jan 2 high) resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) has resumed. Further rise could be expected over the next several weeks, and next target would be...
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9504. The 0.9504 resistance would be tested next week, a break of this level will indicate that the uptrend from 0.8660 has resumed, then next target...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.6280. As long as the trend line resistance holds, the downtrend could be...
EURUSD’s downward movement from 1.3993 extended to as low as 1.2919. Further decline could be expected after a minor consolidation, and next target would be at 1.2700 area. Near term resistance is at 1.3040, as long as...
By Robert Prechter (excerpted from the monthly Elliott Wave Theorist; published since 1979) Over the past 30 years, hundreds of articles — you can find them on the web — have featured comments from economists about the...
No changed in our view, USDCAD remains in uptrend from 1.0810, the fall from 1.0942 would possibly be correction of the uptrend. Key support is at 1.0810, as long as this level holds, the uptrend could be...
USDCHF’s upward movement from 0.8997 extended to as high as 0.9335. Further rise could be expected after a minor consolidation, and next target would be at 0.9500 area. Support is at 0.9260, as long as this level...
USDJPY’s upward movement from 101.50 extended to as high as 105.70. Further rise is still possible and next target would be at 107.00 area. Support is located at the upward trend line on 4-hour chart, only a...
