EURUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.1172 had completed at 1.0992 already. Further rally is still possible after a minor consolidation and next target would be...
USDCAD broke above the falling price channel on the daily chart. Further rally is still possible next week and next target would be at 1.3360 area. Near term support is at 1.3150, a breakdown below this level...
USDJPY is facing the support of the rising price channel on the daily chart. As long as the channel support holds, the pullback from 110.28 could be treated as consolidation for the uptrend from 104.44, another rise...
AUDUSD is facing 0.6670 support, a breakdown below this level could trigger further downside movement to 0.6450 area. Resistance is located at the falling trend line on the daily chart, only a breakout of the trend line...
GBPUSD continued its sideways movement in a trading range between 1.2905 and 1.3284. The sideways movement is likely consolidation for the uptrend from 1.1958, a break of 1.3284 resistance could trigger further upside movement towards 1.3800. On...
EURUSD is facing the resistance of the falling trend line on the daily chart. As long as the trend line resistance holds, the downside movement from 1.1239 could be expected to continue and next target would be...
The Dollar Index (DXY) continues to be firm and rallies higher since Dec 31.2019 low. Near term, it still has scope to extend higher towards 98.3 – 98.59 area which is the 100% – 123.6% Fibonacci extension...
The Emerging Market (EEM) trade within the same cycles as World Indices. However, when comparing it to Indices like $SPY and $SPX, EEM lag behind after it bottomed in 11.2008. Looking at the Grand Super Cycle price...
Short term Elliott wave view in Dow Jones Future (YM_F) suggests that the Index has ended wave ((4)) correction at 28411. The internal of wave ((4)) unfolded as a double zigzag Elliott Wave structure. Wave (W) of...
Asia stocks are extremely volatile right now. To help you take advantage of the big moves, our friends at Elliott Wave International have scrambled together a rare free week of their subscription services that cover Asia. You...
