AUDUSD is facing 0.8906 support, a breakdown this level will signal completion of the uptrend from 0.8660, then next target would be at 0.8780 area. On the upside, as long as 0.8906 support holds, the price action...
GBPUSD’s fall from 1.6822 had completed at 1.6582 already. Another rise to test 1.6730 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.6252, then next target would be...
EURUSD broke below 1.3686 support, indicating that the uptrend from 1.3477 had completed at 1.3773 already. Deeper decline would likely be seen over the next several days, and next target would be at 1.3550 area. Resistance levels...
By Elliott Wave International Financial markets often turn just when the majority least expect it. Such was the case when gold hit its all-time high in September 2011, and, at its most recent low in December 2013....
The USD/JPY pair fell during the session on Tuesday, testing the 102 level. This area has been supportive a couple of times before, and as a result we feel that this market will form a supportive candle...
The USD/CAD pair rose during the session on Tuesday, taking back some of the losses from the Monday session. We still believe that this market goes higher ultimately, but we do not have the right supportive looking...
The GBP/USD pair rallied during the session on Tuesday, breaking above the 1.67 level during the day. However, we turned back around and formed a shooting star which of course suggests that we are going to continue...
The EUR/USD pair went back and forth during the session on Tuesday, but essentially settled nothing by the end of the day. This is the fourth session in a row that has essentially ended of unchanged, and...
The AUD/USD pair fell during the session on Tuesday, but found the 0.90 level supportive enough in order to keep the market somewhat afloat. However, we believe that this market is going to continue to consolidate in...
USDCAD’s fall from 1.1192 extended to as low as 1.1054. Deeper decline would likely be seen, and next target would be at 1.0950 area. Resistance is at 1.1192, only break above this level will indicate that the...
