USDJPY is facing 101.06 support, a breakdown below this level will signal resumption of the downtrend from 102.79 (Jun 4 high), then deeper decline to test 100.75 key support could be seen. Resistance is now at 101.78,...
AUDUSD is testing 0.9328 support, a breakdown below this level will signal resumption of the downtrend from 0.9504, then next target would be at 0.9250 area. Resistance levels are at 0.9400 and 0.9455, only break above these...
GBPUSD moved sideways in a trading range between 1.7059 and 1.7190. As long as 1.7059 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.6692, one more rise towards...
EURUSD is facing 1.3502 support, a breakdown below this level will indicate that the downtrend from 1.3993 (May 8 high) has resumed, then next target would be at 1.3300 area. Resistance is at 1.3580, only break above...
The USD/JPY pair broke higher during the session on Tuesday, after initially dipping. However, we are closer to the bottom of the consolidation area them the top, so it makes sense that we would continue to see...
The USD/CAD pair broke higher during the session on Tuesday, and even broke the top of the shooting star from the Monday session, and obviously bullish sign. We like this pair now that we have proven the...
The GBP/USD pair broke higher during the session on Tuesday, but could not clear the 1.72 level that we have been looking for in order to start buying again. Because of this, we are still on the...
The EUR/USD pair fell during the session on Tuesday, breaking below the lows from the past couple of weeks. However, we see a significant support region at the 1.35 handle, so we are simply waiting to see...
The AUD/USD as you can see fell during the session on Tuesday, only to turn back around and form a hammer. Because of this, it looks like the market is still trying to build up enough momentum...
We’ve never done this before. That’s the message we received from our friends at Elliott Wave International regarding a new, one-of-a-kind event that they’re hosting. On July 23-30, for 7 days only, they are “opening the doors”...
