After breaking above 0.9461 resistance, AUDUSD pulled back from 0.9504, indicating that lengthier consolidation of the uptrend from 0.8660 is underway. Deeper decline to test 0.9202 support would likely be seen next week, as long as this...
GBPUSD’s upward movement from 1.4813 (Jul 9, 2013 low) extended to as high as 1.7179. Further rise is still possible next week, and next target would be at 1.7500 area. Near term support is located at the...
EURUSD’s bounce from 1.3503 reached 1.3700 only, the subsequent fall is likely resumption of the downtrend from 1.3993. Deeper decline to re-test 1.3477 key support is possible next week, a breakdown below this level will confirm that...
By Elliott Wave International If you’ve ever tried your hand at futures trading, and if you’ve been watching the 2014 World Cup, you’ve probably thought to yourself — Yup. This looks like how it feels to invest...
USDCAD’s downward movement from 1.0960 extended to as low as 1.0620. Resistance is at 1.0700, as long as this level holds, the downtrend could be expected to continue, and next target would be at 1.0500 area. Only...
USDCHF broke above the downward trend line on 4-hour chart, indicating that the downtrend from 0.9012 had completed at 0.8855 already. The pair is now in uptrend, further rise could be expected, and next target would be...
USDJPY’s upward movement from 101.23 extended to as high as 102.26. Further rise is still possible, and next target would be at 102.70 area. Support is at 101.90, only break below this level will indicate that correction...
AUDUSD’s downward movement from 0.9504 extended to as low as 0.9328. Further decline is still possible, and next target would be at 0.9250 area. Resistance is at 0.9420, only break above this level could signal completion of...
GBPUSD remains in uptrend from 1.6692, the fall from 1.7176 is likely consolidation of the uptrend. Key support is now located at the lower line of the price channel on 4-hour chart. As long as the channel...
EURUSD broke below the upward trend line on 4-hour chart, indicating that the uptrend from 1.3512 had completed at 1.3700 already. The pair is now in downtrend, further decline could be expected, and next target would be...
