The AUD/USD pair fell hard during the session on Wednesday, but found enough support at the 0.8950 level to bounce slightly. However, we look at this more or less as a consolidation area that we have been...
USDCAD remains in downtrend from 1.1192, the rise from 1.1054 is likely correction of the downtrend. Another fall would likely be seen, and next target would be at 1.0980 area. Resistance is at 1.1192, only break above...
USDCHF broke above the upper line of the price channel on 4-hour chart, indicating that the downtrend from 0.9081 had completed at 0.8852 already. Further rally would likely be seen over the next several days, and next...
USDJPY remains in uptrend from 100.75. The price action from 102.70 is likely consolidation of the uptrend. Another rise would likely be seen after consolidation, and the target would be at 103.50 area. Key support is at...
AUDUSD is facing 0.8906 support, a breakdown this level will signal completion of the uptrend from 0.8660, then next target would be at 0.8780 area. On the upside, as long as 0.8906 support holds, the price action...
GBPUSD’s fall from 1.6822 had completed at 1.6582 already. Another rise to test 1.6730 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.6252, then next target would be...
EURUSD broke below 1.3686 support, indicating that the uptrend from 1.3477 had completed at 1.3773 already. Deeper decline would likely be seen over the next several days, and next target would be at 1.3550 area. Resistance levels...
By Elliott Wave International Financial markets often turn just when the majority least expect it. Such was the case when gold hit its all-time high in September 2011, and, at its most recent low in December 2013....
The USD/JPY pair fell during the session on Tuesday, testing the 102 level. This area has been supportive a couple of times before, and as a result we feel that this market will form a supportive candle...
The USD/CAD pair rose during the session on Tuesday, taking back some of the losses from the Monday session. We still believe that this market goes higher ultimately, but we do not have the right supportive looking...
