GBPUSD extended its downside movement from 1.4376 to as low as 1.3537. Further decline is still possible after a minor consolidation and next target would be at 1.3400 area. Resistance is located at the falling trend line...
EURUSD remains in the downtrend from 1.2413, the bounce from 1.1937 is likely consolidation for the downtrend. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be...
AT&T ticker symbol $T short-term Elliott Wave view suggests that the decline from 4/10 peak is unfolding as an Impulse Elliott Wave structure. In the impulsive structure, wave 1, 3, and 5 should show 5 waves internal subdivision. Down from...
By Elliott Wave International One of the big financial news stories on April 24 was that the 10-year Treasury yield hit 3% for the first time since 2014. The other big financial news story was that the...
USDCAD continued its sideways movement in a trading range between 1.2803 and 1.2913. As long as 1.2803 support holds, the upside movement from 1.2526 could be expected to continue and a breakout of 1.2913 resistance could take...
USDJPY extended its upside movement from 104.63 to as high as 110.03. Further rise is still possible after a minor consolidation and next target would be at 111.00 area. Key support is at 108.95, only a breakdown...
AUDUSD remains in the downtrend from 0.7813. As long as the price is below the falling trend line on the 4-hour chart, the bounce from 0.7472 could be treated as consolidation for the downtrend, and a breakdown...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.4376. As long as the price is below the trend line, the downside movement could be expected to continue and...
EURUSD stays below a downward trend line on the 4-hour chart and remains in the downtrend from 1.2413. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDCAD moved sideways in a trading range between 1.2804 and 1.2913. A breakdown below 1.2804 support would indicate that corrective consolidation for the uptrend from 1.2526 is underway, then the pair would find support at around 1.2600....
