EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3650. As long as the trend line resistance holds, further decline could be expected after a minor consolidation, and next target would...
USDCAD’s upward movement from 1.0619 extended to as high as 1.0916. Further rise could be expected after a minor consolidation, and next target 1.1000 area. Near term support is at 1.0865, as long as this level holds,...
USDCHF continued its upward movement from 0.8897, and the rise extended to as high as 0.9105. Support is now at 0.9050, as long as this level holds, the uptrend could be expected to continue, and next target...
USDJPY bounced strongly to as high as 103.08. Further rise could be expected after a minor consolidation, and next target would be at 103,50 area. Support is at 102.60, as long as this level holds, the uptrend...
AUDUSD broke below 0.9328 support, and reached as low as 0.9302. Further decline is still possible in a couple of days, and next target would be at 0.9250 area. Resistance is at 0.9345, as long as this...
GBPUSD continued its downward movement from 1.7190, and the fall extended to as low as 1.6889. Resistance is located at the downward trend line on 4-hour chart. As long as the trend line resistance holds, further decline...
EURUSD remains in downtrend from 1.3650, the rise from 1.3366 is likely consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart. As long as the trend line resistance holds, the downtrend...
By Elliott Wave International The following article was adapted from Robert Prechter’s June 2014 issue of The Elliott Wave Theorist, one of the longest-running investment letters in the business, continuously published monthly since 1979. Figure 1 shows...
USDCAD continued its upward movement from 1.0619, and the rise extended to as high as 1.0865. Further rise could be expected after a minor consolidation, and next target would be at 1.0950 area. Key support is located...
USDCHF’s upward movement from 0.8897 extended to as high as 0.9073. Support is now at 0.9034, as long as this level holds, the uptrend could be expected to continue, and next target would be at 0.9100 area....
