By Elliott Wave International In this interview, the head of Elliott Wave International’s Educational Resources, Wayne Gorman, tells you about 3 practical benefits of trading with the Elliott Wave Principle: setting realistic price targets, finding ideal entry...
After touching 1.3188 resistance, USDCAD pulled back into the trading range between 1.2460 and 1.3250, indicating that the pair remains in downtrend from 1.4689, and the price action from 1.2460 could be treated as consolidation of the...
Being contained by the resistance of the downward trend line on daily chart, USDJPY pulled back from 107.48, indicating that the pair remains in downtrend from 123.75 (Nov 18, 2015 high), and the bounce from 98.97 could...
AUDUSD’s upward movement from 0.7144 extended to as high as 0.7676. Further rise would likely be seen after a minor consolidation, and next target would be at 0.8000 area. Near term support is at 0.7400, only break...
GBPUSD moved sideways in a range between 1.2795 and 1.3480. As long as 1.3800 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.2000...
EURUSD is facing the resistance of the downward trend line on daily chart. As long as the trend line resistance holds, the downtrend from 1.1616 could be expected to continue, and next target would be at 1.0600...
The USD/JPY pair went back and forth during the course of the session on Thursday, as we continue to hang about the 105 level. With this, the market looks as it could continue to find a lot...
The USD/CAD pair initially fell during the course of the day but turned right back around to favor the US dollar. With this, the market looks as if it is trying to bounce around and build up...
The GBP/USD pair initially fell during the course of the session on Thursday, but as you can see we are still very much in consolidation. Because of this, I believe that the market will continue to go...
The EUR/USD pair rose slightly during the course of the session on Thursday, as we continue to show quite a bit of volatility. However, we are starting to show a bit of resistance just above, so I...
