The EUR/USD pair initially tried to rally during the day on Thursday but found itself turning around due to the fact that the ECB is going to expand and links in its quantitative easing overall, and that...
The AUD/USD pair initially tried to rally and break above the 0.75 level, but turned around to fall to the 0.7450 level. I think if we can break down below the preceding hammers that had formed half...
By Elliott Wave International Global Market Perspective is Your Roadmap to Global Investment Opportunity Covering more than 40 markets on 50-plus pages each month, Global Market Perspective prepares subscribers for opportunities around the world. Get the latest...
USDCAD’s downward movement from 1.3588 extended to as low as 1.3183. Further decline is still possible after a minor consolidation, and next target would be at 1.3100 area. Resistance is at 1.3355, only break above this level...
USDJPY remains in uptrend from 101.18, the fall from 114.82 is likely consolidation of the uptrend. Support levels are at 112.83 and 111.35, as long as these levels hold, the uptrend could be expected to resume, and...
AUDUSD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend from 0.7369 could be expected to continue, and next target would be at 0.7600...
GBPUSD broke below the bottom of the price channel on 4-hour chart, indicating that the upward movement from 1.2302 had completed at 1.2774 already. Deeper decline could be expected in a couple of days, and next target...
EURUSD’s upward movement from 1.0505 had completed at 1.0873 already. The pair is now in downtrend, deeper decline to test 1.0462 (Mar 13, 2015 low) support is possible. Near term resistance is at 1.0700, only break above...
The USD/JPY pair went back and forth during the day on Wednesday as we continue to show quite a bit of volatility. I believe that sooner or later we should see a bit of a pullback in...
The USD/CAD pair initially tried to rally during the day on Wednesday but continued to drop a bit as it looks like we are going to reach towards the 1.32 handle now. This is an area where...
