The AUD/USD pair went back and forth during the course of the day on Thursday, ultimately forming a bit of a neutral candle, with a little bit of a negative bias. In other words, the 0.8250 level...
By Elliott Wave International Up, down, up, down; 200 points higher, 300 points lower; rinse and repeat! It isn’t easy being an investor in the U.S stock market these days. Honestly, it feels more like being in...
USDCAD broke below the bottom of the price channel on 4-hour chart, indicating that consolidation of the uptrend from 1.1191 (Nov 21, 2014 low) is underway. Range trading between 1.1750 and 1.2017 would likely be seen over...
USDJPY remains in downtrend from 120.82, and the fall extended to as low as 115.85. Further decline to test 115.56 support is still possible. Near term resistance is at 118.00, and the key resistance is located at...
AUDUSD is in consolidation of the downtrend from 0.8910 (Oct 29, 2014 high). Range trading between 0.8032 and 0.8300 would likely be seen in a couple of days. Resistance is at 0.8300, as long as this level...
GBPUSD is in consolidation of the downtrend from 1.5785. Range trading between 1.5034 and 1.5300 would likely be seen in a couple of days. Resistance is at 1.5300, as long as this level holds, the downtrend could...
EURUSD continued its downward movement from 1.2569, and he fall extended to as low as 1.1568. Further decline could be expected over the next several days, and next target would be at 1.1400 area. Resistance levels are...
NZDUSD is testing the top of the range on its 4-hour forex chart, indicating that selling pressure might return sooner or later. Price is finding resistance at the .7850 minor psychological level and might be headed for...
The USD/JPY pair fell initially during the session on Wednesday, but turned back around and formed a nice-looking hammer. That being the case, looks as if this market is ready to continue going higher, continuing the long-term...
The USD/CAD pair went back and forth during the course of the day on Wednesday, testing the 1.20 level during the session. With that, we did pullback a little bit but it appears that any pullback will...
