USDCAD is facing 1.3314 support. A breakdown below this level could trigger further downside movement towards 1.3100. Near term resistance is at the top of the price channel on the daily chart, a breakout of the channel...
USDJPY rebounded strongly from 104.18, suggesting that the downside movement from 109.84 had completed. Further rally would likely be seen in the coming days and the target would be at the falling trend line on the daily...
AUDUSD’s upside movement from 0.5507 extended to as high as 0.7227. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next target...
GBPUSD extended its upside movement from 1.1409 to as high as 1.3169. As long as the price is above the rising trend line on the daily chart, the upside movement could be expected to continue and next...
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the upside movement could be expected to continue and next target...
By Elliott Wave International The demand for junk bonds is running high among global investors — again. As the Wall Street Journal noted on June 9: Europe’s riskiest corporate debt has rallied to pre-crisis levels. Elliott Wave...
USDCAD remains in the downtrend from 1.3715. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.3200...
USDJPY extended its downside movement from 107.53 to as low as 104.77. Further decline would likely be seen and next target would be at 104.00 area. Near term resistance is at 105.50, a break of this level...
AUDUSD broke above 0.7182 resistance, suggesting that the uptrend from 0.6832 has resumed. Further rise could be expected in the coming days and next target would be at 0.7300 area. Near term support is at 0.7100, a...
GBPUSD stays above a rising trend line on the 4-hour chart, and remains in the uptrend from 1.2479. As long as the trend line support holds, the upside movement could be expected to continue and next target...
