By Elliott Wave International What do the last three chairs of the U.S. Federal Reserve have in common? Well, it’s not their taste in structured black blazers. It’s the fact that they all see gold as a...
USDCAD broke above 1.1385 resistance, indicating that the uptrend from 1.0810 (Aug 29 low) has resumed. Further rise could be expected, and next target would be at 1.1500 area. Support is at 1.1330, only break below this...
USDCHF remains in uptrend from 0.9370, the fall from 0.9689 is likely consolidation of the uptrend. Support is located at the bottom of the price channel on 4-hour chart. As long as the channel support holds, the...
USDJPY remains in uptrend from 105.32, the fall from 114.21 is likely consolidation of the uptrend. Support levels are at 112.50 and 112.00, as long as these levels hold, the uptrend could be expected to continue, and...
AUDUSD failed to break below 0.8642 support, and stayed in the trading range between 0.8642 and 0.8910. The price action in the range is likely consolidation of the downtrend from 0.9401 (Sept 5 high). Another fall to...
GBPUSD stays in a trading range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.6524 (Sept 19 high), another fall...
EURUSD remains in downtrend from 1.2867, the rise from 1.2441 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,...
The USD/JPY pair broke higher during the course of the day on Monday, testing the 140 level. With that being the case, the market looks like every time it pulls back, there could be a buying opportunity....
The USD/CAD pair broke higher during the course of the session on Monday, as we continue to test the 1.14 level. With that being the case, the market appears as if it’s ready to continue going higher,...
The GBP/USD pair tried to break higher during the course of the day on Monday, but as you can see the 1.60 level has offered enough resistance to turn the market back around and form a shooting...
