The Australian dollar has been very noisy during the trading session on Tuesday, as we continue to pound to the downside. It looks as if we are going to try to break down below the 0.76 handle,...
GBPAUD is slowly breaking above the resistance of its symmetrical triangle pattern on the daily time frame. This chart pattern is approximately 2000 pips tall so the resulting uptrend could be of the same height. The 100...
By Elliott Wave International Learn to Use Sentiment to Time Your Investments Better In this 14-minute video, you’ll learn how to combine Elliott wave analysis with extremes in market sentiment to reliably anticipate turning points in the...
USDCAD is now in short term uptrend from 1.2666. Further rise to test 1.2819 resistance would likely be seen, a breakout of this level could bring price towards 1.2916 previous high. Near term support is at 1.2666,...
USDJPY is facing 112.95 support once again. A breakdown below this level could take price to next support level at 112.65. Below here could trigger further decline towards 111.65 key support. Near term resistance is at 113.90,...
AUDUSD continued its downside movement from 0.7729 and the fall extends to as low as 0.7576. Near term resistance is at the falling trend line on the 4-hour chart. As long as the price is below the...
GBPUSD failed to break below 1.3027 support once again and stays in the trading range between 1.3027 and 1.3337. Sideways movement in the range could be expected to continue in a couple of days. Near term resistance...
EURUSD bounced strongly to as high as 1.1805, breaking above the falling trend line on the 4-hour chart. Near term support is at 1.1740, as long as this level holds, the upside movement from 1.1554 could be...
NZDUSD recently broke below a bullish support trend line on the 4-hour chart, indicating that the bounce from 0.6818 had completed at 0.6979 already. On the downside The NZDUSD pair failed to breakout of the falling trend...
EUR/USD has reacted to the rise after knowing the United States production prices, which grew more than expected in October. The pair has risen to a new high of almost three weeks at 1.1765. US: Bullard mitigates...
