USDCAD’s downward movement from 1.3588 extended to as low as 1.3356. Further decline is still possible, and next target would be at 1.3250 area. Resistance is at 1.3540, only break above this level could trigger another another...
USDJPY broke above 113.89 resistance, indicating that the uptrend from 101.18 has resumed. Further rise could be expected, and next target would be at 118.00 area. Near term support is at 112.15, as long as this level...
AUDUSD’s upward movement from 0.7310 had completed at 0.7497 already. The subsequent fall is likely resumption of the downtrend from 0.7778. Further decline to test 0.7310 is possible in a couple of days, a breakdown below this...
GBPUSD’s upward movement from 1.2302 extended to as high as 1.2540. Further rise is still possible and next target would be at 1.2600 area. Support is at 1.2400, a breakdown below this level will signal completion of...
EURUSD is in consolidation of the downtrend from 1.1299. Range trading between 1.0518 and 1.0800 would likely be seen in a couple of days. Resistance is at 1.0800, as long as this level holds, the downtrend could...
By Elliott Wave International Bullish sentiment among silver traders recently fell to 8 percent, the lowest reading since mid-2015. So, sentiment is in the right place for the next big leg in the price pattern. FREE...
The GBP/USD pair rallied at the open on Tuesday, testing the 1.25 handle. This is a market that continues to see a lot of volatility in this area, and as a result I think it can be...
The USD/CAD pair rallied on Tuesday, but found a bit of resistance at the 1.35 level above. Because of this, the market looks likely to continue to chop around in general, as we are trying to build...
The USD/JPY pair rallied during the day on Tuesday, breaking above the 112.50 level during the day. Ultimately, this is a market that will continue to try to go higher, but it’s likely that we need a...
The AUD/USD pair fell during the Tuesday session, but found buyers below the 0.7450 level. We are testing the 0.75 handle, which I believe will be rather resistive. If we see gold markets bounce, then we will...
