EURUSD’s downward movement from 1.3650 extended to as low as 1.345. Further decline could be expected after a minor consolidation, and next target would be at 1.3300 area. Near term resistance is located at the trend line...
USDCAD remains in uptrend from 1.0619, the fall from 1.0794 could be treated as consolidation of the uptrend. Initial support is at the lower line of the price channel on 4-hour chart, and the key support is...
USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.8855, the fall from 0.9003 could be treated as consolidation of the uptrend. Key support is located at the bottom of the...
USDJPY moved sideways in a trading range between 101.06 and 101.78. As long as 101.78 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 102.79 (Jun 4 high), another fall to test...
AUDUSD continued its sideways movement in a range between 0.9328 and 0.9455. Resistance is at 0.9455, as long as this level holds, the price action in the range could be treated as consolidation of the downtrend from...
GBPUSD is now in downtrend from 1.7190. Further decline would likely be seen and next target would be at 1.6850 area. Resistance levels are at 1.7120 and 1.7190, only break above these levels could trigger another rise...
EURUSD remains in downtrend from 1.3700, the rise from 1.3490 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...
By Elliott Wave International Elliott Wave International’s Senior Currency Strategist Jim Martens recorded this 18-minute interview on July 18. Jim, a conservative trader, likes to trade in the direction of the trend. In the interview, he uses...
USDCAD stays in the upward price channel on 4-hour chart, and remains in uptrend from 1.0619, the fall from 1.0794 could be treated as consolidation of the uptrend. Support is now located at the bottom of the...
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8855. Further rise would likely be seen after a minor consolidation, and next target would be at 0.9050 area. Only a clear...
