EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1175. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
USDCAD broke above 1.3207 resistance, suggesting that the uptrend from 1.3041 has resumed. Further rise would likely be seen in a couple of days and next target would be at 1.3280 area. Near term support is at...
USDJPY stays above a rising trend line on the 4-hour chart and remains in the uptrend from 107.88. As long as the trend line support holds, the upside movement could be expected to continue and next target...
AUDUSD broke below the support of the rising price channel on the 4-hour chart, suggesting that the upside movement from 0.6670 had completed at 0.6929 already. Further decline could be expected in the coming days and next...
GBPUSD broke below 1.2788 support and extended its downside movement from 1.2975 to as low as 1.2768. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would be...
EURUSD’s downside movement from 1.1175 extended to as low as 1.1016. As long as the price is below the bearish trend line on the 4-hour chart, the downside movement could be expected to continue and next target...
By Elliott Wave International 95% of traders fail. It’s a day-drinking, country-music kind of statistic. Think: “Friends in Sell-Low, Buy-High Places.” One article attempts to quantify the reasons, citing: “SCIENTIST DISCOVERED WHY MOST TRADERS LOSE MONEY —...
USDCAD moved sideways in a trading range between 1.3015 and 1.3382. The sideways movement is likely consolidation for the downtrend from 1.3664 (Dec 31, 2018 high), as long as 1.3382 key resistance holds, another fall towards 1.2800...
USDJPY extended its upside movement from 104.44 to as high as 109.48. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...
AUDUSD failed to break above the resistance of the falling trend line on the daily chart and pulled back to 0.6900 area. Deeper decline to test 0.6800 support is possible next week, a breakdown below this level...
