EUR/USD is trading inside a symmetrical triangle on its 4-hour time frame as traders can’t quite establish a clear direction on the pair. Price is testing the top of the triangle around the 1.3875 levels but stochastic...
By Elliott Wave International Elliott Wave International’s technical analysis expert, Jeffrey Kennedy, shows you the first step in identifying a high-confidence trade setup in this 4-minute video clip. It’s taken from a live lesson he taught on...
USDCAD remains in downtrend from 1.1053, the rise from 1.0942 is likely consolidation of the downtrend. Resistance is at 1.1000, as long as this level holds, the downtrend could be expected to resume, and next target would...
USDCHF is forming a sideways consolidation in a range between 0.8743 and 0.8861. The sideways movement could be expected to continue over the next several days. Key support is at 0.8743, a breakdown below this level will...
USDJPY moved sideways in a range between 101.96 and 102.78. As long as 101.96 support holds, the price action from 102.72 could be treated as consolidation of the uptrend from 101.32, another rise to 103.50 area could...
AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 0.9461, the rise from 0.9227 would possibly be consolidation of the downtrend. Further decline is still possible after consolidation, and next target...
GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.6465. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
EURUSD broke above 1.3879 resistance, indicating that the downward movement from 1.3905 had completed at 1.3775 already. The pair is now in uptrend, further rise could be expected after a minor consolidation, and next target would be...
The USD/JPY pair initially fell during the session on Thursday, but turned that the things back around in order to form a little bit of a hammer. This hammer suggests that we are in fact going to...
The USD/CAD pair rallied during the session on Thursday, but found enough resistance of the 1.10 level to turn things back around and form a shooting star. The shooting star of course suggests that we are going...
