USDCHF continued its downward movement from 0.9156, and the fall extended to as low as 0.8699. Further decline could be expected after a minor consolidation, and next target wold be at 0.8300 area. Resistance levels are at...
USDJPY is facing 100.75 support, a breakdown below this level will indicate that the downtrend from 105.44 has resumed, and the following downward movement could bring price to 95.00 area. Resistance is now at 103.80, only break...
AUDUSD moved sideways in a trading range between 0.8890 and 0.9133. As long as 1.8890 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to...
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6822 could be treated as consolidation of the uptrend. Deeper decline would likely be seen, and the target would be at the lower line...
EURUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.3477, and the rise extended to as high as 1.3966. The uptrend could be expected to continue after a minor consolidation, and...
By Elliott Wave International Robert Prechter forecasted more than 10 years ago that the War on Drugs would become more violent, leading eventually to the decriminalization of the possession and sale of recreational drugs. The Socionomist followed...
By Elliott Wave International Editor’s note: You will find a text version of this story below the video. Start your free 2-week trial of our Financial Forecast Service now. Learn more » Lehman Brothers, Washington Mutual, Bear...
USDCAD’s upward movement from 1.0955 extended to as high as 1.1153. Further rise to test 1.1192 resistance could be expected, a break above this level could signal resumption of the longer term uptrend from 1.0182 (Sept 19,...
USDCHF’s downward movement from 0.8895 extended to as low as 0.8734. Further decline could be expected, and next target would be at 0.8650 area. Initial resistance is at 0.8810, and the key resistance is located at the...
USDJPY broke below 102.60 support, suggesting that the uptrend from 101.20 had completed at 103.76 already. Deeper decline could be expected, and next target would be at 101.80 area. Resistance is now at 103.76, only break above...
