USDCAD continued its sideways movement in a range between 1.1000 and 1.1077. As long as 1.1077 resistance holds, the downtrend from 1.1278 could be expected to resume, and next target would be at 1.0950 area. However, a...
USDCHF is facing the support of lower line of the price channel on 4-hour chart. As long as the channel support holds, the uptrend from 0.8699 could be expected to resume, and one more rise to 0.8950...
USDJPY broke above 103.76 resistance and reached as high as 103.93. The uptrend from 101.72 could be expected to continue after a minor consolidation, and next target would be at 104.50 area. Support is now at 103.10,...
No changed in our view, AUDUSD remains in uptrend from 0.8995, the fall from 0.9303 is likely consolidation of the uptrend. Range trading between 0.9200 and 0.9303 would likely be seen in a couple of days. As...
GBPUSD broke below the upward trend line on 4-hour chart, indicating that consolidation of the uptrend from 1.6465 is underway. Range trading between 1.6598 and 1.6684 would likely be seen. As long as 1.6598 support holds, the...
EURUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.3966 had completed at 1.3705 already. Further rally could be expected and next target would be at 1.3900 area. Support is now...
USD/JPY has been on a strong rally lately after breaking above the consolidation pattern below the 102.50 minor psychological resistance. The pair seems close to testing another resistance level again, this time on top of the rising...
USD/JPY has been on a strong rally lately after breaking above the consolidation pattern below the 102.50 minor psychological resistance. The pair seems close to testing another resistance level again, this time on top of the rising...
By Elliott Wave International If you turn on CNBC first thing in the morning, you hear a lot about market indicators. Consumer behavior, GDP numbers, the Fed, interviews with CEOs — it’s all in the mix. Instead,...
USDCAD moved sideways in a trading range between 1.1000 and 1.1077. Resistance is now at 1.1077, as long as this level holds, the downtrend from 1.1278 could be expected to resume, and next target would be at...
