AUDUSD is testing the resistance of the falling price channel on the 4-hour chart. As long as the channel resistance holds, the price action from 06678 could be treated as consolidation for the downtrend from 0.7031, further...
GBPUSD extended its upside movement from 1.2871 to as high as 1.3069. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be expected to continue and next...
EURUSD remains in the downtrend from 1.1095. As long as 1.0888 resistance holds, the downside movement could be expected to continue and next target would be at 1.0750 area. On the upside, a break of 1.0888 resistance...
USDCAD stays in a rising price channel on the daily chart and remains in the uptrend from 1.2951. As long as the channel support holds, the upside movement could be expected to continue and next target would...
USDJPY remains in the uptrend from 104.44. As long as the price is in the rising price channel on the daily chart, the upside movement could be expected to continue and next target would be at 110.80...
AUDUSD stays below a falling trend line on the daily chart and remains in the downtrend from 0.7031. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
GBPUSD stays in a falling price channel on the daily chart and remains in the downtrend from 1.3514. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
EURUSD extended its downside movement from 1.1239 to as low as 1.0827, breaking below 1.0879 support. Further decline could be expected after a minor consolidation and next target would be at 1.0600 area. Near term resistance is...
Short term Elliott wave view in Bitcoin (BTCUSD) suggests the rally from January 24, 2020 low has ended as a 5 waves impulse Elliott Wave structure. Up from January 24 low, wave ((i)) ended at 9570 and...
By Elliott Wave International If financial history teaches anything, it’s that the most intense buying happens near a top. Likewise, climatic selling happens near a bottom. In other words: The crowd is usually on the wrong side...
