The EUR/USD pair fell during the course of the day on Monday, but continues to find support near the 1.13 level. Because of this, we are looking for supportive candles in order to go long, as the...
The AUD/USD pair broke higher during the course of the day on Monday, clearing the top of the shooting star from Friday. Because of this, it appears that the market may be able to go higher, but...
EURGBP is still moving sideways on its 1-hour forex chart, bouncing off support at the .7260 area and finding resistance at .7360. Price is on its way up to test the top of the range once more...
By Elliott Wave International Talk about “star” wars. “Asia’s biggest action star” Donnie Yen was just cast in the next installment of the never-ending Star Wars movie franchise. Mr. Yen, in case you aren’t aware, is known...
By Elliott Wave International Editor’s note: You’ll find the text version of the story below the video. Technical versus fundamental analysis: Which approach yields better investment results? A new study by three finance professors offers an answer....
USDCAD remains in uptrend from 1.1919, the fall from 1.3353 is likely consolidation of the uptrend. Near term support is located at the bottom of the price channel on daily chart. As long as the channel support...
USDJPY remains in uptrend from 116.13, the fall from 121.62 could be treated s correction of the uptrend. Another rise to test 125.85 resistance is possible after correction. Key support is at 116.13, only a break below...
AUDUSD stays below the downward trend line on daily chart, and remains in downtrend from 0.8162. As long as the trend line resistance holds, the bounce from 0.6907 could be treated as consolidation of the downtrend, and...
GBPUSD is now in downtrend from 1.5929. Further decline could be expected after a minor consolidation, and next target would be at 1.4700 area. Resistance is at 1.5500, only break above this level could trigger another rise...
EURUSD remains in downtrend from 1.1713, the bounce from 1.1087 is likely correction of the downtrend. Another fall could be expected after correction, and next target would be at 1.0600 area. Key resistance is at 1.1713, only...
