The USD/JPY pair went back and forth during the day on Tuesday as we continue to see this market show bullish pressure. With that being the case, the market should continue to go much higher, but we...
The USD/CAD pair broke higher during the course of the day on Tuesday, testing the 1.14 level. Because of this, the market looks as if it’s ready to break out and start heading towards the 1.15 handle...
The GBP/USD pair did very little during the course of the day on Tuesday, as we continue to hang about the 1.60 level. This is an area that is significant on the longer-term charts, and as a...
The EUR/USD pair broke higher during the course of the day on Tuesday, but we still have the 1.26 level above that should be resistive. That being the case, the market should see sellers coming back into...
The AUD/USD pair went higher during the course of the session on Tuesday, as we continue to find support in this general area of the 0.87 level. That being the case, we feel that the market will...
By Elliott Wave International What do the last three chairs of the U.S. Federal Reserve have in common? Well, it’s not their taste in structured black blazers. It’s the fact that they all see gold as a...
USDCAD broke above 1.1385 resistance, indicating that the uptrend from 1.0810 (Aug 29 low) has resumed. Further rise could be expected, and next target would be at 1.1500 area. Support is at 1.1330, only break below this...
USDCHF remains in uptrend from 0.9370, the fall from 0.9689 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...
USDJPY remains in uptrend from 105.32, the fall from 114.21 is likely consolidation of the uptrend. Support levels are at 112.50 and 112.00, as long as these levels hold, the uptrend could be expected to continue, and...
AUDUSD failed to break below 0.8642 support, and stayed in the trading range between 0.8642 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9401 (Sept 5 high). Another fall to...
