USDJPY’s upward movement extended to as high as 116.19. Further rise could be expected, and next target would be at 1.1700 area. Support is at 113.86, only break below this level could signal completion of the uptrend,...
AUDUSD remains in uptrend from 0.8540, the fall from 0.8764 would possibly be 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...
GBPUSD’s downward movement from 1.6182 extended to as low as 1.5677. Further decline could be expected, and next target would be at 1.5500 area. Resistance is now located at the downward trend line on 4-hour chart, only...
EURUSD is testing the resistance of the downward price channel on 4-hour chart. As long as the channel resistance holds, the rise from 1.2358 could be treated as consolidation of the downtrend from 1.2867, another fall to...
USDJPY has been moving in a strong uptrend, with a short-term rising channel forming on its 1-hour time frame. Price just came off a test of resistance and may be due to head lower in a bit,...
By Elliott Wave International You may remember that after the 2008-2009 crash, many called into question traditional economic models. Why did they fail? And more importantly, will they warn us of a new approaching doomsday, should there...
USDCAD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.1466. Further decline would likely be seen, and next target would be at 1.1250 area. Resistance is at the trend line, only...
USDCHF stays in the upward price channel on 4-hour chart, and remains in uptrend from 0.9370, the fall from 0.9739 could be treated as consolidation of the uptrend. Further rise could be expected after consolidation, and next...
USDJPY remains in uptrend from 105.32, the fall from 116.09 is likely consolidation of the uptrend. Further rise could be expected and next target would be at 117.00 area. Support is at 113.86, only break below this...
AUDUSD stays above the upward trend line on 4-hour chart, and remains in uptrend from 0.8540, and the rise extended to as high as 0.8744. As long as the trend line support holds, the uptrend could be...
