The GBP/USD pair initially tried to rally during the session on Friday, but the weight of the downtrend continues to keep the buyers a bit calm. However, we feel that the 1.6250 level should continue to be...
The EUR/USD pair fell during the course of the day on Friday, breaking the bottom of the hammer from the Thursday session. This of course is a very negative sign and therefore we feel that the market...
The AUD/USD pair initially tried to rally during the course of the day on Friday, but found the 0.88 level as resistance. Because of that, we ended up forming a shooting star which of course is a...
The USD/JPY pair went back and forth during the course of the day on Thursday, using the 108.50 level as support. That being the case, it looks like the market is simply going to try to build...
The USD/CAD pair broke higher during the session initially on Thursday, but found the area above the 1.11 level to be far too resistive in order to continue going higher. With that, we feel that the market...
The GBP/USD pair went back and forth during the course of the day, bouncing off of the 1.36 level. That being the case, the market looks as if it’s ready to try to find some type of...
The EUR/USD pair initially fell during the course of the day on Thursday, but as you can see found enough support just below the 1.27 level to turn things back around and form a nice-looking hammer. The...
The AUD/USD pair fell during the course of the day on Thursday, breaking below the 0.88 support level. With that, it appears of the market is ready to go much lower, probably heading to the 0.85 level...
EURUSD has been trending lower and has recently made another strong break below support at the 1.2800 major psychological level. Price dipped to the 1.2700 mark before making a quick bounce and starting a potential retracement. Using...
By Elliott Wave International Editor’s note: The following article was republished here with permission from the co-editors of the September issue of The Elliott Wave Financial Forecast, a publication of Robert Prechter’s Elliott Wave International, the world’s...
