The AUD/USD pair went back and forth during the course of the session on Monday, showing that there is quite a bit of confusion in this market. With that being the case, we think that there is...
USDJPY appears to have a made a convincing break below the head and shoulders neckline on its daily time frame. This suggests that the pair could be in for more longer-term losses, possibly amounting to around 900...
AUDUSD has been trending higher lately, moving inside an ascending channel on its 1-hour time frame. Price is currently testing support at the .7100 major psychological level and might be due for a bounce to the top....
By Elliott Wave International Brian Whitmer, the editor of our monthly European Financial Forecast, explains what indicators helped him anticipate market volatility. You’ll also learn what he’s expecting for the year ahead in European stocks. You can...
USDCAD remains in long term uptrend from 0.9406 (Jul 26, 2011 low), the fall from 1.4689 could be treated as consolidation of the uptrend. Range trading between 1.3400 and 1.4689 would likely be seen over the next...
USDJPY is facing 115.97 support, a breakdown below this level will indicate that the long term uptrend from 75.57 (Oct 31, 2011 low) had completed at 125.85 (Jun 5, 2015 high) already, then next target would be...
AUDUSD’s bounce from 0.6826 extended to as high as 0.7242. Further rise to test 0.7439 resistance is possible next week. However, as long as 0.7439 resistance holds, the price action from 0.6907 could be treated as consolidation...
GBPUSD’s bounce from 1.4080 extended to as high as 1.4591. As long as 1.4600 resistance holds, the bounce could be treated as consolidation of the downtrend from 1.5929 (Jun 18, 2015 high), another fall towards 1.3700 could...
After consolidation, EURUSD continued its upward movement from 1.0517, and the rise extended to as high as 1.1248. Further rise could be expected, and next target would be at 1.2000 area. Support is at 1.0700, only break...
The USD/JPY pair had a fairly neutral session during the day on Friday, as it appears we have found a little bit of support just below the 117 handle. Ultimately, it is a market that is reaching...
