The USD/CAD pair initially tried to rally during the course of the day on Wednesday, but struggled above the 1.25 level yet again. By doing so, we ended up breaking down again, heading to the 1.24 region....
The GBP/USD pair broke down during the session on Wednesday, testing the 1.5250 region. With that being the case, it appears of the market is going to continue going lower, but we need to see the market...
The EUR/USD pair fell during the session on Wednesday, breaking below the 1.11 level. This suggests that the market is ready to go down to the longer-term target that we have been talking about, the 1.10 level....
The AUD/USD pair initially tried to break out to the upside on Wednesday, but turned back around to form a shooting star. Looking at this market, you can see that the market continues to go sideways overall....
USDCAD is gearing up to test the bottom of its descending triangle pattern once more, after finding resistance around the 1.2500 levels. Price is nearing the support at the 1.2400 major psychological mark and may be due...
By Elliott Wave International Editor’s note: You’ll find a text version of this story below the video. Learn how you can get our FREE, 53-page State of the Global Markets report now >> On Friday (Feb. 27),...
USDCAD continued its sideways movement in a range between 1.2352 and 1.2797. Another fall to test 1.2352 support would likely be seen, a breakdown below this level will target 1.2200 area. Key resistance is now at 1.2663,...
USDJPY moved sideways in a trading range between 118.23 and 120.47. Support is at 118.23, a breakdown below this level will target 116.50 area. Resistance is at 120.47, above this level will indicate that the uptrend from...
AUDUSD remains in downtrend from 0.7912, the rise from 0.7750 is likely correction of the downtrend. Further decline could be expected, and next target would be at 0.7650 area. Resistance is at 0.7912, only break above this...
GBPUSD remains in downtrend from 1.5551, and the fall extended to as low as 1.5251. Further decline could be expected after a minor consolidation, and next target would be at 1.5100 area. Resistance is located at the...
