USDJPY broke above the bearish trend line on the 4-hour chart and is now in uptrend from 108.73. Further rise could be expected after a correction pullback and next target would be at 112.00 area. Near term...
AUDUSD extended its downside movement from 0.8065 to as low as 0.7807, facing the bullish trend line on its daily chart. A clear break below the trend line support could take price to next support level at...
GBPUSD extended its bearish movement from 1.3267 to as low as 1.2845, facing the bullish support trend line on the daily chart. A clear break below the trend line support could take price to next support level...
EURUSD is facing 1.1689 support. A breakdown below this level will trigger another fall towards the bottom support trend line of the price channel on its daily chart, now at around 1.1560. On the other side, as...
By Elliott Wave International The market itself provides its own clues about its future price action. One such clue is found in higher-beta small cap stocks vs. lower-beta blue chips. Get our take. ********* Every bull and...
Short term Dow Futures (YM_F) Elliott Wave view suggests that rally from 6/29 low is unfolding as a a double three Elliott wave structure. Up from 6/29 low (21138), Minor wave W ended at 22132 and pullback to 21790...
USDCAD failed to break below 1.2650 support and is now facing 1.2752 resistance. A break of this level will signal resumption of the uptrend from 1.2413, then next target would be at 1.2800 area. On the downside,...
USDJPY moved above the bearish trend line on its 4-hour chart, suggesting that the downside movement from 114.49 had completed at 108.73 already. Further rally would likely be seen after a correction pullback and next target would...
AUDUSD formed a sideways consolidation in a range between 0.7838 and 0.7918. As long as 0.7918 resistance holds, the downside movement from 0.8065 could be expected to continue and next target would be at the bullish trend...
GBPUSD moved sideways in a narrow range between 1.2939 and 1.3030. As long as 1.3030 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.3267, and further decline towards the bullish support...
