AUDUSD is testing 0.9085 resistance. As long as this level holds, the rise from 0.8660 could be treated as consolidation of the downtrend from 0.9756, one more fall to 0.8500 area is still possible. However, a break...
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813. As long as the channel support holds, the fall from 1.6822 could be treated as consolidation of the uptrend. Another rise...
EURUSD broke above 1.3740 resistance. Further rise to test 1.3892 resistance would likely be seen next week, a break above this level will signal resumption of the uptrend from 1.2747 (Apr 4, 2013 low), then next target...
Robert Prechter’s Elliott Wave International (EWI) has just released a free 10-page trading eBook: How You Can Find High-Confidence Trading Opportunities Using Moving Averages, by Senior Analyst Jeffrey Kennedy. Moving averages are one of the most widely-used...
USDCAD’s upward movement from 1.0910 extends to as high as 1.1125. Further rise to test 1.1224 resistance could be expected, a break above this level will signal resumption of the longer term uptrend from 1.0182 (Sept 19,...
USDCHF remains in downtrend from 0.9081, the rise from 0.8856 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,...
USDJPY remains in uptrend from 100.75, the price action from 102.70 is likely consolidation of the uptrend. Support is at 101.35, as long as this level holds, the uptrend could be expected to resume, and next target...
AUDUSD moves sideways in a trading range between 0.8906 and 0.9080, the price action in the range could be treated as consolidation of the uptrend from 0.8660. As long as 0.8906 support holds, the uptrend could be...
GBPUSD is facing 1.6620 support, a breakdown below this level will indicate that the uptrend from 1.6252 had completed at 1.6822 already, then deeper decline to 1.6435 area could be seen. On the upside, as long as...
EURUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.3477, the fall from 1.3773 is likely consolidation of the uptrend. As long as the channel support holds, the uptrend could be...
