The USD/JPY pair went and forth during the session on Monday, as we continue to hang out just below the 110 level. That area is significant resistance, so we believe that it’s going to take a significant...
The USD/CAD pair fell during the course of the day on Monday, but found enough support near the 1.1150 region to bounce from there to form a hammer. The hammer of course suggests that the market could...
The GBP/USD pair rose during the course of the day on Monday, but as you can see ran into a bit of trouble at the 1.63 handle. With that, it appears that the market is ready to...
The EUR/USD pair tried to rally during the course of the day on Monday, but as you can see failed near the 1.27 level. This area ended up pushing market back down and forming a shooting star,...
The AUD/USD pair rose during the course of the day on Monday, as we bounced a bit off of the 0.87 handle. However, the 0.88 level above should be resistive, so we look at this is a...
USDJPY seems to be having trouble sustaining its gains past the 109.50 minor psychological level, opening the case up for a quick retracement. Price appears to have pulled back to the 38.2% Fibonacci retracement level on the...
By Elliott Wave International Editor’s note: The following article was republished here with permission from the co-editors of the September issue of The Elliott Wave Financial Forecast, a publication of Robert Prechter’s Elliott Wave International, the world’s...
USDCAD remains in uptrend from 1.0886, the fall from 1.1178 could be treated as consolidation of the uptrend. Support is at 1.1080, as long as this level holds, the uptrend could be expected to continue, and next...
USDCHF remains in uptrend from 0.8997, the fall from 0.9531 is likely consolidation of the uptrend. Near term support is at 0.9450, as long as this level holds, the uptrend could be expected to continue, and next...
USDJPY’s upward movement from 101.50 extended to as high as 109.74. Further rise is still possible, and next target would be at 112.00 area. Key support is located at 108.24, only break below this level could signal...
