We have just posted a new article exclusively for Club EWI members. Authored by EWI’s Steve Hochberg and Pete Kendall, the article was excerpted and adapted from the September 2014 Elliott Wave Financial Forecast, published Aug. 29....
No changed in our view, USDCAD remains in uptrend from 1.0619, the price action from 1.0985 is treated as consolidation of the uptrend. Support is at 1.0800, as long as this level holds, the uptrend could be...
USDCHF stays above the upward trend line on daily chart, and remains in uptrend from 0.8703. Near term support is at 0.9240, as long as this level holds, the uptrend could be expected to continue, and next...
USDJPY broke above 105.44 (Jan 2 high) resistance, indicating that the long term uptrend from 75.57 (Oct 31, 2011 low) has resumed. Further rise could be expected over the next several weeks, and next target would be...
AUDUSD continued its sideways movement in a range between 0.9202 and 0.9504. The 0.9504 resistance would be tested next week, a break of this level will indicate that the uptrend from 0.8660 has resumed, then next target...
GBPUSD stays below the downward trend line on daily chart, and remains in downtrend from 1.7190, and the fall extended to as low as 1.6280. As long as the trend line resistance holds, the downtrend could be...
EURUSD’s downward movement from 1.3993 extended to as low as 1.2919. Further decline could be expected after a minor consolidation, and next target would be at 1.2700 area. Near term resistance is at 1.3040, as long as...
Yesterday we saw two employment reports which painted a much different picture than what many hoped for and one which is closer to reality than any other report released in 2014 on the labor market. While expectations...
The USD/JPY pair fell during the course of the day on Friday, and even dropped below the 105 level. However, there was enough support below to turn things back around and we closed just above it. That...
The USD/CAD pair fell initially during the session on Friday, but as you can see formed a hammer. With the US employment numbers coming out a bit on the light side, we did of course see this...
