EURUSD stayed in a trading range between 1.3548 and 1.3699 for several days. The price action in the range is likely correction of the downtrend from 1.3892. One more rise to 1.3800 area to complete to correction...
USDCAD remains in uptrend from 1.0588, the fall from 1.0991 could be treated as consolidation of the uptrend. Support is now located at the bottom of the price channel on 4-hour chart. As long as the channel...
USDCHF is facing 0.9126 resistance, a break above this level will signal resumption of the uptrend from 0.8799, then further rise towards 0.9400 could be seen. On the downside, as long as 0.9126 resistance holds, the rise...
USDJPY’s bounce from 102.85 extends to as high as 104.88. Further rise to test 105.44 resistance could be expected, a break above this level will signal resumption of the uptrend from 96.57 (Oct 8, 2013 low), then...
AUDUSD breaks below 0.8820 support, indicating that the downtrend from 0.9756 (Oct 23, 2013 high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.8700 area. Resistance is at...
GBPUSD broke below 1.6337 support, suggesting that lengthier consolidation of the uptrend from 1.5854 (Nov 12, 2013 low) is underway. Deeper decline would likely be seen, and next target would be at 1.6270 area. Support is now...
EURUSD’s fall from 1.3699 extended to as low as 1.3581. As long as 1.3548 key support holds, the fall could be treated as correction of the uptrend from 1.3548, one more rise to 1.3800 area is still...
By Elliott Wave International The best thing about Elliott wave patterns? Easy: They repeat. They repeat on all timeframes, across dozens of markets, all over the world. Once you know what to look for, you see the...
After consolidation, USDCAD continues its upward movement from 1.0588, and the rise extends to as high as 1.0977. Further rise could be expected in a couple of days, and next target would be at 1.1100 area. Support...
USDCHF remains in downtrend from 0.9126, the rise from 0.8986 could be treated as consolidation of the downtrend. As long as 0.9126 key resistance holds, the downtrend could be expected to resume, and next target would be...
