GBPUSD broke below 1.6830 support, indicating that the uptrend from 1.6731 had completed at 1.6920 already. Resistance is now at 1.6875, as long as this level holds, the fall from 1.6920 could be expected to continue, and...
EURUSD’s downward movement from 1.3993 extended to as low as 1.3613. Further decline is still possible, and next target would be at 1.3500 area. Near term resistance is at 1.3660, only break above this level could bring...
USDCAD remains in downtrend from 1.1278, the rise from 1.0813 could be treated as consolidation of the downtrend. Key resistance is at 1.1053, as long as this level holds, the downtrend could be expected to resume, and...
USDCHF is testing the resistance of the upward price channel on daily chart. A clear break above the upper line of the channel will indicate that the downtrend from 0.9751 (Jul 9, 2013 high) had completed at...
USDJPY is testing 100.75 support, a breakdown below this level will signal completion of the uptrend from 93.79 (Jun 13, 2013 low), then the following downward movement could bring price to 96.00 area. On the upside, as...
AUDUSD is facing 0.9202 support, a breakdown below this level will signal completion of the uptrend from 0.8660, then the following downward movement could bring price back to 0.8500 area. On the upside, as long as 0.9202...
GBPUSD stays in a upward price channel on daily chart, and remains in uptrend from 1.4813 (Jul 9, 2013 low), the fall from 1.6996 could be treated as consolidation of the uptrend. As long as the channel...
EURUSD’s fall from 1.3993 extended to as low as 1.3615. Deeper decline to test 1.3477 support is still possible, as long as this level holds, the price action from 1.3892 would possibly be consolidation of the uptrend...
By Elliott Wave International From Elliott Wave International’s February Asian-Pacific Financial Forecast (published Feb. 7): …Bloomberg reports that “more than $7 billion flowed from ETFs investing in developing-nation assets in January, the most since the securities were...
So far this year, Indian stocks are up 15%. The S&P 500 is up less than 3%. Yes, India’s SENSEX would have earned you 5 times more than the S&P — and it’s only May. Want to...
