USDJPY’s downside movement from 114.73 extended to as low as 111.06. As long as the price is below the falling trend line on its 4-hour chart, the bounce from 111.06 could be treated as consolidation of the...
AUDUSD is facing a resistance of the top trend line of the price channel on its 4-hour chart. As long as the channel resistance holds, the bounce from 0.7532 could be treated as consolidation of the downtrend...
GBPUSD extended its upside movement from 1.3039 to as high as 1.3359, breaking above 1.3337 key resistance. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be...
EURUSD extended its upside movement from 1.1554 to as high as 1.1944, breaking above 1.1879 key resistance, confirming that the downside movement from 1.2092 (Sep 8 high) had completed at 1.1554 already. Near term support is at...
By Elliott Wave International Your Bond Fund: It’s Riskier Than You Think Quantitative Easing (QE) changed the bond markets in ways many don’t realize. And now that QE is unwinding, investing in bonds comes with pitfalls that...
USDCAD broke below the bullish trend line on the daily chart and is now facing 1.2666 support. A breakdown below this level will confirm that the upside movement from 1.2061 had completed at 1.2916 already, then further...
USDJPY broke below 111.47 key support, confirming that the upside movement from 107.31 had completed at 114.73 already. Further decline would likely be seen over the next several weeks and next target would be at 109.50. A...
AUDUSD is now facing the resistance of the bearish trend line on the daily chart. As long as the price is below the trend line, the bounce from 0.7535 could be treated as consolidation of the downtrend...
GBPUSD failed to break below the bullish trend line on the daily chart and moved above 1.3337 resistance. Further rally is still possible and next target would be at 1.3420, followed by 1.3657. A breakout of 1.3657...
EURUSD extended its bounce from 1.1554 to as high as 1.1944, breaking above 1.1879 resistance. Further rise to test test 1.2092 resistance would likely be seen in the coming days, a breakout of this level will confirm...
