By Elliott Wave International Unleash the power of the Wave Principle Much like a great sports play; to appreciate a great market forecast, you have to see it. In fact, we’d like to show you four....
USDJPY’s upward movement from 101.18 extended to as high as 112.97. Further rise could be expected after a minor consolidation, and next target would be at 115.00 area. Support is at 110.00, as long as this level...
AUDUSD stays in the downward price channel on 4-hour chart, and remains in downtrend from 0.7778. As long as the channel resistance holds, the downtrend will be expected to continue, and next target would be at 0.7200...
GBPUSD is now in uptrend from 1.2302. Further rise to test 1.2673 resistance would likely be seen in a couple of days, a break of this level will confirm that the longer term uptrend from 1.1946 (Oct...
EURUSD remains in downtrend from 1.1299, and the fall extended to as low as 1.0526. As long as the downward trend line resistance holds, the downtrend could be expected to continue, and further decline to test 1.0462...
The EUR/USD pair initially rallied on Tuesday, but then struggled to hold the gains as we ended up falling yet again. It appears that the market is intent on reaching towards the 1.05 level given enough time,...
The Australian dollar initially tried to rally during the day on Tuesday, but found the 0.74 level above to be far too resistive. Because of this, the market looks as if it is going to turn around...
AUDUSD recently broke below the descending triangle support visible on its 4-hour time frame. Price found support near the .7300 major psychological level then started to pull up. Applying the Fib tool on the latest swing high...
The US dollar continues to grind higher against the Japanese yen as we now find yourselves testing the 111 handle. However, this is an extraordinarily oversold market, so I’m not willing to go long here. I need...
The Australian dollar rally during the day on Monday, as we continue to see a bit of a bounce later in the session. This is a market that has a significant amount of bearish pressure above it...
