The AUD/USD pair broke higher during the course of the session on Monday, as we continue to see a bit of support. However, the market is most certainly in a downtrend overall, and as a result we...
AUDUSD seems to have bottomed out from its recent long-term selloff, as the pair is starting to trade inside a rising channel on its 1-hour chart. Price recently broke above the double bottom neckline as well, setting...
By Elliott Wave International Volatility, volatility, volatility. It’s all the financial world can talk about lately… and, well, for good reason. In the past few months, the world’s stock markets have endured some of the most gut-wrenching...
By Elliott Wave International In this new interview, Elliott Wave International’s Brian Whitmer explains the indirect connection between Europe’s volatility and deflation. Find out how Brian’s advising his subscribers prepare for deflation. Not familiar with deflation? Learn...
Elliott Wave International’s Senior Commodity Analyst, Jeffrey Kennedy, has just recorded a live webinar titled “Today’s Top Commodity Opportunities.” Besides commodities, Jeffrey also shows you new Elliott wave opportunities in markets like the DJIA and U.S. dollar....
By Elliott Wave International We’ve seen it time and again: The investment crowd often hops aboard a financial trend just as it’s about to end. Government itself is actually a case in point. Here’s what the August...
USDCAD is forming a sideways consolidation in a range between 1.3011 and 1.3456. As long as 1.3011 support holds, the uptrend from 1.1919 could be expected to resume, and further rise to 1.4000 area is possible after...
USDJPY continued its sideways movement in a narrow range between 118.58 and 121.62. As long as 118.58 support holds, the sideways movement could be treated as consolidation of the uptrend from 116.13, further rise to 125.00 area...
AUDUSD is facing 0.6907 support, a breakdown below this level will indicate that the downtrend from 0.9504 (Jul 1, 2014 high) has resumed, then next target would be at 0.6500 area. On the other side, as long...
GBPUSD remains in downtrend from 1.5929. Further decline could be seen over the next several weeks, and next target would be at 1.4700 area. Resistance levels are at 1.5400 and 1.5660, only break above these levels could...
