GBPUSD failed to break above 1.6841 resistance and pulled back to 1.6762, indicating that lengthier consolidation for the uptrend from 1.6465 is needed. Deeper decline to test 1.6660 would likely be seen, as long as this level...
EURUSD failed to break above 1.3864 resistance, indicating that the pair remains in downtrend from 1.3905, the rise from 1.3785 could be treated as consolidation of the downtrend. As long as 1.3864 resistance holds, the downtrend could...
USDCAD’s upward movement from 1.0857 extended to as high as 1.1042. Support is now at 1.0980, as long as this level holds, the uptrend could be expected to continue, and next target would be at 1.1100 area....
USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8743. As long as the trend line support holds, the uptrend could be expected to continue, and the target would be at...
USDJPY remains in uptrend from 101.32, and the rise extended to as high as 102.72. Further rise is still possible after a minor consolidation, and next target would be at 103.00 area. Support is at the bottom...
AUDUSD continued its downward movement from 0.9461, and the fall extended to as low as 0.9295. Further decline would likely be seen, and the target would be at 0.9250 area. Key resistance is now at 0.9380, only...
GBPUSD is facing 1.6841 resistance, a break above this level will signal resumption of the uptrend from 1.6465, then the following upward movement could bring price to 1.7000 area. Near term support is now at 1.6770, only...
EURUSD remains in downtrend from 1.3905. Deeper decline is still possible and the target would be at 1.3750 area. Resistance levels are at 1.3835 and 1.3905, only break above these levels could trigger another rise towards 1.4000.
By Elliott Wave International The financial forecasts around the end of 2013 brimmed with optimism. Here are just a few examples: Many scoff at notion stock bubble exists — Associated Press, Nov. 19, 2013 Economy Entering New...
USDCAD remains in uptrend from 1.0857. Further rise would likely be seen after a minor consolidation, and next target would be at 1.1100 area. Support is at 1.0960, only break below this level could signal completion of...
