The EUR/USD Pair rose slightly during the Wednesday session, but found sellers above again. The markets will be paying attention to the interest rate statement coming out of the ECB today, looking for clues of further QE...
The AUD/USD pair rose during the session on Wednesday, but remains within the consolidation area that we had seen form over the last several weeks. Because of this, we are relatively ambivalent when it comes to this...
USDCAD remains in uptrend from 1.0810, the fall from 1.0942 is likely correction of the uptrend. Support levels are at 1.0870 and 1.0845, as long as these levels hold, the uptrend could be expected to resume, and...
USDCHF remains in uptrend from 0.8997, the fall from 0.9212 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart. As long as the trend line support holds, the uptrend...
USDJPY remains in uptrend from 101.50, the fall from 105.30 is likely consolidation of the uptrend. Support is located at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend...
AUDUSD is facing 0.9373 resistance, a break of this level will signal resumption of the uptrend from 0.9237, then next target would be at 0.9450 area. Support is at 0.9315, only break below this level could trigger...
GBPUSD’s downward movement from 1.6643 extended to as low as 1.6440. Further decline is still possible after a minor consolidation, and next target would be at 1.6200 area. Resistance is at 1.6510, only break above this level...
EURUSD remains in downtrend from 1.3411, the rise from 1.3110 is likely consolidation of the downtrend. Resistance is located at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds,...
By Elliott Wave International If financial market speculation were easy, then everyone would be well off — and the legendary investor Warren Buffett would be just a nice rich guy from Omaha with really cool glasses. The...
EURCAD has sold off sharply in August, but it looks like the pair is prime for retracement back to an area of interest. Price could pull up to the broken support area at the 1.4400-1.4450 psychological levels,...
