EURUSD stays in a trading range between 1.3512 and 1.3578. Another fall to test 1.3502 support would likely be seen, a breakdown below this level will indicate that the downtrend from 1.3993 has resumed, then next target...
USDCAD is facing 1.0813 support again, a breakdown below this level will signal resumption of the downtrend from 1.1278, then next target would be at 1.0600 area. Resistance levels are at 1.0960 and 1.1053, only break above...
USDCHF’s rise from 0.8699 extended to as high as 0.9036. Key resistance is at 0.9156, as long as this level holds, the rise could be treated as consolidation of the downtrend from 0.9838 (May 22, 2013 high),...
USDJPY continued its sideways movement in a range between 100.75 and 105.44. As long as 100.75 support holds, the price action in the range could be treated as consolidation of the uptrend from 93.79 (Jun 13, 2013...
AUDUSD is facing 0.9461 resistance, a break above this level will signal resumption of the uptrend from 0.8660, then next target would be at 0.9550 – 0.9600 area, followed by 1.0000. Key support is at 0.9202, only...
GBPUSD is facing 1.6996 resistance, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9, 2013 low), then next target would be at 1.7300 area. Key support is now at 1.6692, only...
EURUSD is testing 1.3477 key support, a breakdown below this level will indicate that the uptrend from 1.2747 (Apr 4, 2013 low) had completed at 1.3993 already, then the following downward movement could bring price to 1.1500...
By Elliott Wave International Editor’s note: The following is a timeless clip from Robert Prechter’s presentation as the Social Mood Conference on April 5, 2014. Bob explores price action in crude oil to deliver an important investment...
USDCAD’s downward movement from 1.0960 extended to as low as 1.0841. Further decline to test 1.0813 support could be expected, a breakdown below this level will signal resumption of the longer term downtrend from 1.1278 (Mar 20...
Being contained by 0.9036 resistance, USDCHF pulled back from 0.9011. However, another rise to test 0.9036 resistance is still possible, a break above this level will signal resumption of the uptrend from 0.8702, then next target would...
