USDJPY failed to break above 107.43 resistance and stayed in a trading range between 106.64 and 107.43. Support is at 106.64, a breakdown below this level could take the price to 105.50 area. Resistance is at 107.43,...
AUDUSD stays above a rising trend line on the 4-hour chart and remains in the uptrend from 0.6832. As long as the trend line support holds, the upside movement could be expected to continue and next target...
GBPUSD continued its sideways movement in a trading range between 1.2479 and 1.2669. The sideways movement is likely consolidation for the uptrend from 1.2251. As long as 1.2479 support holds, the uptrend could be expected to resume,...
EURUSD remains in the uptrend from 1.1184, the pullback from 1.1452 is likely consolidation for the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could be...
USDCAD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the downside movement from 1.4667 could be expected to continue and next target would be at...
USDJPY failed to break below 105.98 key support. Another rise towards the falling trend line on the daily chart could be expected in the coming days. A breakout of the trend line resistance could trigger further upside...
AUDUSD is forming a sideways consolidation in a trading range between 0.6775 and 0.7063. As long as 0.6775 support holds, the uptrend from 0.5507 could be expected to continue and next target would be at 0.7300 area....
GBPUSD is facing the resistance of the falling trend line on the daily chart. A breakout of the trend line resistance could trigger further upside movement towards 1.3000. Near term support is at 1.2450, a breakdown below...
EURUSD broke above 1.1422 resistance, suggesting that the uptrend from 1.0635 has resumed. Further rise would likely be seen and next target would be at 1.1600 area. Near term support is at 1.1330, a breakdown below this...
By Elliott Wave International Recently in these pages, we noted that bull markets in stocks tend to end with “a subtly slowing ascent” rather than with a final “spike” higher, as many investors believe. Historical examples were...
