The USD/JPY pair fell during the session on Monday, testing the 118 level. As you can see though, we ended up bouncing slightly and it does look like the buyers are going to step into the advantage...
The USD/CAD pair initially fell during the course of the session on Monday, as we continue to meander around the 1.25 handle. Because of this, the market looks as if it’s ready to grind sideways for a...
The GBP/USD pair fell during the course of the session on Monday, testing the 1.52 level. This was the area that had offered so much resistance previously, so the fact that we came back to test it...
The EUR/USD pair initially tried to fall during the course of the day on Monday, but found enough support at the 1.13 level to bounce and form a little bit of a hammer. This suggests that the...
The AUD/USD pair gapped lower at the open on Monday, but then turned back around to rally and form a bit of a shooting star as some of the gains were given back. Ultimately, we feel that...
GBPAUD is testing a major resistance area on its daily chart, as price is hovering around the top of the ascending channel around the 1.9500 major psychological resistance. Stochastic is moving down from the overbought area, indicating...
By Elliott Wave International Editor’s note: You’ll find the text version of the story below the video. Get Your FREE Special Report: What You Need to KnowNOW About Protecting Yourself from Deflation » The financial media has...
USDCAD is now in downtrend from 1.2797, the rise from 1.2352 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 1.2100 area. Resistance is at 1.2600, only...
USDJPY broke above 118.86 resistance, indicating that the uptrend from 115.85 has resumed. Further rise to test 120.82 resistance could be expected, a break of this level will target 125.00 area. Support is at 117.60, only break...
No changed in our view, AUDUSD remains in downtrend from 0.8294, the rise from 0.7625 could be treated as consolidation of the downtrend. Range trading between 0.7625 and 0.7950 would likely be seen over the next several...
