USDJPY’s upward movement from 101.06 extended to as high as 101.76. Further rise could be expected, and next target would be at 102.10 area. Support levels are at 101.30 and 101.06, only break below these levels could...
AUDUSD is facing 0.9328 support, a breakdown below this level will indicate that the downtrend from 0.9504 has resumed, then next target would be at 0.9250 area. Resistance is at 0.9455, only break above this level will...
GBPUSD broke above 1.7179 resistance, indicating that the uptrend from 1.6692 has resumed. Key support is now at 1.7059, as long as this level holds, the uptrend could be expected to continue, and next target would be...
EURUSD broke below 1.3575 support, indicating that the downtrend from 1.3700 has resumed. Further decline to test 1.3502 support could be seen. Resistance levels are at 1.3610 and 1.3650, only break above these levels could trigger another...
The USD/JPY pair rose during the course of the session on Monday, as we continue to bounce around in this consolidation area. Because of this, we feel that the market will ultimately go to the 102.50 level....
The USD/CAD pair broke higher initially during the session on Monday, but then turned back around in order to form a little bit of a shooting star, as the market looks like it’s ready to continue to...
The GBP/USD pair initially tried to rally during the session on Monday, but as you can see pullback and broke below the 1.71 support level. We think that there is a massive amount of support down near...
The EUR/USD pair tried to rally during the session on Monday, but as you can see gave back about half of the gains in order to form a shooting star. The shooting star as you can see...
The AUD/USD pair rose during the course of the session on Monday, but didn’t really cause too much in the way of a splash with the tight trading range. That being the case, we are still bullish...
By Elliott Wave International In June, the U.S. government, revising its previous number, reported that the economy shrank by 2.9% in the first quarter of 2014. The steep plunge caught the bulls by surprise. It was substantially...
