EURUSD remains in downtrend from 1.3411, the rise from 1.3110 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...
By Elliott Wave International If financial market speculation were easy, then everyone would be well off — and the legendary investor Warren Buffett would be just a nice rich guy from Omaha with really cool glasses. The...
EURCAD has sold off sharply in August, but it looks like the pair is prime for retracement back to an area of interest. Price could pull up to the broken support area at the 1.4400-1.4450 psychological levels,...
The USD/JPY pair went higher during the session and broke through the 105 level as we start to see real strength in the US dollar overall. Because of this, we think that every time this market pulls...
The USD/CAD pair broke higher during the session on Wednesday, clearing the top of the hammers that had formed recently. That being the case, the market looks like it’s heading to the 1.10 level, but there is...
The GBP/USD pair fell hard during the day on Wednesday, as the British pound finally cracked below the 1.65 handle. The area just below is massively supportive though, so it is a bit difficult to start selling,...
The EUR/USD pair initially fell during the course of the day on Wednesday, but bounced enough to form a nice-looking hammer. With that being the case, it appears that the market could get a little bit of...
The AUD/USD pair fell during the day on Wednesday, but remained supported near the 0.9250 level, just as we had anticipated. Because of this, looks like the market is ready to go sideways overall, and that it’s...
USDCAD continued its upward movement from 1.0810, and the rise extended to as high as 1.0935. Further rise could be expected after a minor consolidation, and next target would be at 1.0975 area. Support is at 1.0900,...
USDCHF remains in uptrend from 0.8997, further rise could be expected after a minor consolidation, and next target would be at 0.9400 area. Support is located at the upward trend line on 4-hour chart, only a clear...
