AUDUSD moved sideways in a trading range between 0.8890 and 0.9133. As long as 1.8890 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8660, one more rise to...
GBPUSD remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6822 could be treated as consolidation of the uptrend. Deeper decline would likely be seen, and the target would be at the lower line...
EURUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.3477, and the rise extended to as high as 1.3966. The uptrend could be expected to continue after a minor consolidation, and...
By Elliott Wave International Robert Prechter forecasted more than 10 years ago that the War on Drugs would become more violent, leading eventually to the decriminalization of the possession and sale of recreational drugs. The Socionomist followed...
By Elliott Wave International Editor’s note: You will find a text version of this story below the video. Start your free 2-week trial of our Financial Forecast Service now. Learn more » Lehman Brothers, Washington Mutual, Bear...
USD/JPY pair fell during the session on Friday, but as you can see is above the uptrend line that is in our opinion somewhat major, and above the 101 handle. With that, we feel that the market...
The USD/CAD pair rose slightly during the session on Friday, but quite frankly didn’t impress one way or the other. This market looks like it still stuck in consolidation, as we continue to hover around the 1.11...
The GBP/USD pair initially fell during the session on Friday, but as you can see bounced enough to form a hammer. With this, it appears that the market will continue to consolidate between here and the 1.68...
The EUR/USD pair rose during the session on Friday, but remains stuck to the 1.39 handle. This market looks as if it wants to continue to grind in this general vicinity, but right now we are at...
The AUD/USD pair went back and forth during the session on Friday, but as you can see we still sit just above the 0.90 level. In other words, this market really isn’t going anywhere fast. This is...
