The GBP/USD pair initially fell during the session on Wednesday, but found enough support below to turn things back around and climbed towards the 1.70 level. With that being the case, the market made a massive challenge...
The EUR/USD pair rose during the course of the session on Wednesday, but stays within the consolidation area that we’ve seen for some time. Because of this, it appears that the market should continue to bounce around...
The AUD/USD pair broke much higher during the session on Wednesday, testing the 0.94 handle. This market has essentially wiped out the losses from the previous session, so essentially it was a “no harm, no foul” type...
USDCAD’s downward movement from 1.0960 extended to as low as 1.0828. Further decline to test 1.0813 support is still possible, a breakdown below this level will signal resumption of the longer term downtrend from 1.1278 (Mar 20...
USDCHF broke below 0.8959 support, indicating that the upward movement from 0.8907 had completed at 0.9012 already. Deeper decline could be expected, and next target would be at 0.8925. Resistance is at 0.9012, only break above this...
USDJPY remains in downtrend from 102.79, the rise from 101.60 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and a breakdown below 101.60 will signal resumption of the downtrend. Resistance is at...
AUDUSD bounced strongly from 0.9321, suggesting that the pair remains in uptrend from 0.9208, the fall from 0.9437 would possibly be consolidation of the uptrend. Further rise to test 0.9437 resistance is possible, a break above this...
GBPUSD is facing 1.7010 resistance, a break above this level will signal resumption of the uptrend from 1.6692, then next target would be at 1.7100 area. Support is 1.6900, only break below this level could signal completion...
EURUSD broke above 1.3586 resistance, indicating that the downward movement from 1.3676 had completed at 1.3512 already. Further rise could be expected and next target would be at 1.3650 area. Support is at 1.3535, only break below...
By Elliott Wave International This chart tells you everything you need to know about the opportunities that financial forecasting firm Elliott Wave International (EWI) sees in India’s stock market: A multidecade bull market began in Indian stocks...
