The GBP/USD pair fell slightly during the course of the day, testing the 1.30 level for support. If we can break down below there, I feel that the market then will reach to the 1.2850 level below....
The EUR/USD pair fell significantly during the day but did bounce a bit by the end of the day on Friday. By doing so, looks as if we are trying to build up enough momentum to finally...
The AUD/USD pair broke down during the course of the session on Friday, finding the market reaching for the 0.76 level. However, I think there is more than enough support below that sooner or later we will...
EURUSD is on an uptrend on its 4-hour time frame, moving above an ascending trend line and getting ready to test support. The Fib tool applied on the latest swing high and low shows that the 61.8%...
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By Elliott Wave International Each Elliott wave pattern has its own common Fibonacci relationships between waves. You can use them to set your price targets and determine where the trend should reverse. In other words, Fibonacci ratios...
By Elliott Wave International Jeffrey Kennedy, the editor of our popular Trader’s Classroom educational service, weighs in on how you know when it’s time to enter a trade. [Editor’s Note: A text version of the video is...
USDCAD broke below the bottom of the price channel on daily chart, indicating that the downtrend from 1.4689 has resumed. Further decline could be expected over the next several weeks, and next target would be at 1.1500...
USDJPY is facing 98.97 support, a breakdown below this level will signal resumption of the downtrend from 123.75 (Nov 18, 2015 high), then next target would be at 95.00 area. Key resistance is at 107.48, only break...
AUDUSD stays above the upward trend line on daily chart and remains in uptrend from 0.7144. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
