The AUD/USD pair fell during the session on Friday, further continuing the downtrend that we’ve seen. This market looks like it’s destined to continue falling, and therefore we feel that the market is heading to the 0.85...
By Elliott Wave International On January 24, the DJIA, S&P and NASDAQ all lost close to two percent. On a day like that, it’s worth talking about the one indicator they don’t often mention on financial networks...
GBP/JPY has made a stellar rally in the past few trading days, thanks to improved fundamentals in the UK. However, yesterday’s yen strength triggered a sharp selloff, which could simply be a retracement for this pair. Right...
The GBP/USD pair rose during the session on Thursday, breaking above the 1.66 handle finally. Because of this, we feel that the British pound will continue to go higher, something that we have been calling for recently....
The USD/JPY pair had a hard session on Thursday, slamming into the 103 level. This level offered support though, and the market did bounce slightly. Because of this, we feel like the market is going to continue...
The USD/CAD pair tried to rally during the session on Thursday, but gave back all of the gains found just below the 1.12 level in order to form a shooting star. However, we feel that this market...
The EUR/USD pair shot straight up during the session on Thursday, using the 1.3550 level as a springboard. We had suggested that breaking the top of the shooting star from the Wednesday session could send this market...
The AUD/USD pair fell during the session on Thursday, breaking through the 0.88 level yet again. Nonetheless, this market continues the downtrend we have seen for some time and we have now broken fresh new lows. With...
USDCAD remains in uptrend from 1.0588. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at 1.1250 area. Only a clear break below the trend line...
USDCHF broke below 0.8986 support, suggesting that the uptrend from 0.8799 had completed at 0.9156 already. The pair is now in downtrend from 0.9156. Further decline could be expected, and next target would be at 0.8900 area....
