USDJPY is in consolidation of the uptrend from 101.06 (Jul 10 low). Range trading between 107.00 and 110.08 would likely be seen over the next several days. As long as 107.00 support holds, the uptrend could be...
AUDUSD’s upward movement extended to as high as 0.8859. Further rise would likely be seen, and the target would be at 0.8900 – 0.8950 area. Support is at 0.8730, only break below this level could trigger another...
GBPUSD broke above the downward trend line on 4-hour chart, indicating that the downtrend from 1.6524 had completed at 1.5951 already. Further rise is still possible, and next target would be at 1.6300 area. Support is at...
EURUSD broke above 1.2698 resistance, indicating that the downtrend from 1.2994 had completed at 1.2500 already. Further rally would likely be seen, and the target would be at 1.2850 area. Support is at 1.2600, only break below...
USDJPY appears to be having trouble sustaining its gains past the 110.00 major psychological resistance, as a double top pattern has formed on its 4-hour time frame. Price is currently testing the neckline around the 108.00 handle....
By Elliott Wave International Since hitting a record high of $1921.50 per ounce in September 2011, gold prices have erased 30% in value. By the end of day on October 3, 2014, gold prices were circling the...
USDCAD remains in uptrend from 1.0886, the fall from 1.1269 is likely consolidation of the uptrend. Key support is at 1.1071, as long as this level holds, the uptrend could be expected to resume, and next target...
USDCHF broke below the upward trend line on 4-hour chart, deeper decline to test 0.9516 support is possible, a breakdown below this level will indicate that consolidation of the uptrend from 0.8997 (Aug 15 low) is underway,...
USDJPY broke below 108.00 support, indicating that lengthier consolidation for the uptrend from 101.06 (Jul 10 low) is needed. Range trading between 107.00 and 110.08 would likely be seen over the next several days. However, the uptrend...
AUDUSD broke above 0.8826 resistance, indicating that the downtrend from 0.9401 had completed at 0.8642 already. Further rally would likely be seen in a couple of days, and the target would be at 0.8900 – 0.8950 area....
