DAX short-term Elliott wave analysis suggests that the rally to 12882.05 high ended Minor wave X bounce. The internals of that bounce unfolded as Elliott wave double three structure where Minute wave ((w)) ended at 12640.87. Minute wave ((x)) ended at...
EURUSD remains in the downtrend from 1.1746, the bounce from 1.1365 is likely consolidation for the downtrend. Further decline is possible after the consolidation and a breakdown below 1.1365 support could take the price to 1.1300 area....
EURUSD extended its downside movement from 1.1746 to as low as 1.1369. Further decline is still possible after a minor consolidation and next target would be at 1.1300 area. Resistance is at 1.1480, as long as this...
EURUSD broke below 1.1508 support and extended its downside movement from 1.2555 to as low as 1.1388. Further decline is still possible and next target would be at 1.1200 area. Resistance levels are at 1.1550 and 1.1851,...
EURUSD extended its downside movement from 1.1746 to as low as 1.1516, breaking below 1.1530 support. Further decline could be expected in a couple of days and next target would be at 1.1400 area. Resistance is at...
EURUSD is testing 1.1620 resistance. As long as this level holds, the downtrend from 1.1746 could be expected to resume and another fall towards 1.1500 is possible after the consolidation. On the upside, a clear break above...
Being contained by 1.1508 support, EURUSD rebounded from 1.1530. However, as long as 1.1620 resistance holds, another fall to test 1.1508 support is possible, a breakdown below this level could trigger further downside movement towards 1.1400. On...
EURUSD extended its downside movement from 1.1746 to as low as 1.1530, facing 1.1508 support, a breakdown below this level could trigger further downside movement towards 1.1400. Near term resistance is at 1.1600, only a break of...
EURUSD broke below the bottom support trend line of the triangle pattern on its 4-hour chart. Further decline towards 1.1500 could be expected in the coming days. Resistance is at 1.1650, only a break of this level...
EURUSD continued its sideways movement in a trading range between 1.1508 and 1.1851, and is now facing 1.1508 support. A breakthrough this level could trigger further downside movement towards 1.1400. Key resistance is at 1.1851, only break...
