USDCHF stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8997, the fall from 0.9432 could be treated as consolidation of the uptrend. As long as the trend line support holds, the...
USDJPY’s upward movement from 101.50 extended to as high as 109.45. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support is located at the upward trend line on...
AUDUSD stays below the downward trend line on 4-hour chart and remains in downtrend from 0.9401, the rise from 0.8927 is likely consolidation of the downtrend. As long as the trend line resistance holds, the downtrend could...
GBPUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.7190 (Jul 15 high) had completed at 1.6051 already. Further rise could be expected in a couple of days, and next target...
EURUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.3411, the rise from 1.2834 could be treated as consolidation of the downtrend. As long as the trend line resistance holds, the...
An uptrend appears to be forming on GBPNZD, as a rising trend line can be drawn to connect the recent lows on the 1-hour time frame. However, stochastic has just reached the overbought area and is heading...
By Elliott Wave International Have you ever seen Donald Duck play pool? Trust us, it isn’t pretty. An expert pool player, on the other hand — well, he can just look at the billiards table and imagine...
After touching 1.0933 support, USDCAD rebounded from 1.0926, indicating that the pair remains in uptrend from 1.0810, and the fall from 1.1098 could be treated as correction of the uptrend. Further rise to test 1.1098 would likely...
USDCHF’s upward movement from 0.8997 extended to as high as 0.9432. Further rise could be expected, and next target would be at 0.9600 area. Near term support is at the upward trend line on 4-hour chart, and...
After consolidation, USDJPY continued its upward movement from 101.50, and the rise extended to as high as 108.67. Further rise could be expected after a minor consolidation, and next target would be at 110.00 area. Near term...
