GBPUSD is in short term uptrend from 1.1946, the fall from 1.2477 is likely correction of the uptrend. Further rise to 1.2700 area to complete the upward movement would likely be seen. Key support is at 1.1946,...
EURUSD remains in downtrend from 1.1279 and the downward movement extended to as low as 1.1000. Further decline could be expected after a minor consolidation, and next target would be at 1.0950 area. Near term resistance is...
The USD/JPY pair initially tried to rally during the course of the day on Tuesday, but turned back around and form a bit of a shooting star. Ultimately I believe that there is plenty of support below...
The USD/CAD pair broke higher during the course of the session on Tuesday, breaking above the 1.32 level again. Ultimately, I feel that this market is going to continue to trade to grind higher, and with that...
The GBP/USD pair fell significantly during the day on Tuesday, as we continue to reach towards the 1.20 level. The initial flash crash support should give way given enough time though, so any type of rally at...
The EUR/USD pair broke down significantly during the course of the session on Tuesday, slicing through the bottom of the support at the 1.11 level and now looks like it’s ready to reach towards the 1.10 level...
The AUD/USD pair broke down below the bottom of the shooting star from the Monday session during the Tuesday trading hours. It looks as if we are going to reach down to the 0.75 level below, and...
EURAUD has been selling off recently but could be due for a bounce as price is nearing the bottom of the range on its 1-hour time frame. If the bottom of the range at the 1.4550 minor...
By Elliott Wave International Elliott Wave International’s Steve Craig offers you his latest insight on price trends in crude oil and natural gas. ******** Alexandra Lienhard: I’m Alexandra Lienhard, and today on ElliottWaveTV, I have Steve Craig...
USDJPY remains in uptrend from 100.08. Another rise to test 104.31 resistance would likely be seen. Support is at 102.50, only break below this level could bring price back to 100.50 zone.
