The EUR/USD pair tried to rally during the session on Monday, as the 1.37 level of course offered significant support yet again. However, you can see that a lot of selling pressure did in fact enter the...
EURUSD is in consolidation of the downtrend from 1.3993, further rise to 1.3820 area to complete the consolidation would likely be seen over the next several days. Support is at 1.3648, only break below this level could...
The AUD/USD pair fell hard during the session on Monday, but let’s keep in mind that we’re still well within the consolidation range. So while we fell hard in relation to the overall range of trading in...
By Elliott Wave International My dad will turn 84 this year. When he was born, you could walk into a Federal Reserve Bank or the Treasury and redeem your paper money for gold. It actually said you...
USD/JPY has been consolidating tighter and tighter inside a descending triangle chart pattern on its daily time frame. This suggests that sellers are trying to push the pair lower but that buyers just won’t let up. A...
USDCAD remains in uptrend from 1.0813, the fall from 1.0926 is likely correction of the uptrend. Another rise could be expected after correction, and the target would be at the top of the price channel on 4-hour...
USDCHF remains in uptrend from 0.8702, the fall from 0.8959 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next target would be at 0.9000 area. Support is at 0.8880,...
USDJPY is now in downtrend from 102.36. Further decline would likely be seen in a couple of days, and next target would be at 100.00 area. Resistance is at 101.85, only break above this level could trigger...
AUDUSD continued its sideways movement in a range between 0.9318 and 0.9408. Key support is at 0.9318, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend...
GBPUSD broke above the downward trend line on 4-hour chart, suggesting that the downtrend from 1.6996 had completed at 1.6731 already. Further rise could be expected and next target would be at 1.6900 area. Support is at...
