AUDUSD is testing the support of the price channel on 4-hour chart. A clear break below the channel support will indicate that the upward movement from 0.7441 had completed at 0.7674 already, then the following downward movement...
GBPUSD’s downward movement from 1.3445 extended to as low as 1.2914. Further decline to test 1.2865 support is possible in a couple of days. Resistance is located at the downward trend line on 4-hour chart, only a...
EURUSD is forming a sideways consolidation in a range between 1.1123 and 1.1326. Support is at 1.1123, a breakdown below this level will signal resumption of the downtrend from 1.1366, then next target would be at 1.1000....
By Elliott Wave International Peter DeSario, editor of our Interest Rates Pro Service, explains why this was a “monumental” week in the bond markets — and offers a preview of which markets he’s keeping his eye on....
USDCAD is testing the resistance of the price channel on daily chart. A clear break above the channel resistance could bring price to 1.3600 zone. Near term support is at 1.3100, a breakdown below this level could...
USDJPY continued its sideways movement in a range between 98.97 and 107.48. As long as 107.48 resistance holds, the price action in the trading range could be treated as consolidation of the downtrend from 123.75 (Nov 18,...
AUDUSD is in downtrend from 0.7755, the rise from 0.7441 is likely consolidation of the downtrend. Another fall could be expected, and next target would be at 0.6900 zone. Resistance is at 0.7755, only break above this...
GBPUSD is facing 1.2795 support again, a breakdown below this level will indicate that the downtrend from 1.5016 has resumed, then next target would be at 1.2000 zone. On the other side, rebound is possible before breaking...
EURUSD moved sideways in a narrow range between 1.1122 and 1.1366. As long as 1.1122 support holds, the sideways movement could possibly be consolidation of the uptrend from 1.0911, another rise towards 1.2000 is still possible after...
The USD/JPY pair went back and forth during the course of the session on Friday, ultimately settling on a neutral candle. At the Queen a pullback from here, but at this point in time the 100 level...
