USDJPY’s upward movement from 101.18 extended to as high as 108.54. Further rise could be expected after a minor consolidation and next target would be at 110.00 area. Support levels are at 106.60 and 105.00, as long...
AUDUSD broke below 0.7557 support. Further decline could be expected in a couple of days, and next target would be at 0.7400 area. Resistance is at 0.7650, as long as this level holds, the downtrend will continue.
GBPUSD remains in uptrend from 1.2082, the fall from 1.2673 is likely consolidation of the uptrend. Near term support is at the bottom of the price channel on 4-hour chart, as long as the channel support holds,...
EURUSD’s downward movement from 1.1299 extended to as low as 1.0709. Further decline is still possible after a minor consolidation and next target would be at 1.0600 area. Resistance levels are at 1.0840 and 1.0900, as long...
NZDUSD has been trading inside an ascending channel pattern on its daily time frame and is currently testing support at the .7100 major psychological level. A bounce off this channel bottom could lead to a move back...
By Elliott Wave International On November 9, the United States woke to the biggest political shock since Harry Truman defeated “shoe-in” Thomas E. Dewey in the 1948 U.S. presidential election. For U.S. bond investors, the 2016 election...
USDCAD continued its upward movement from 1.2460, and the rise extended to as high as 1.3548. Near term support is at 1.3240, as long as this level holds, the uptrend could be expected to continue, and next...
USDJPY is facing 107.48 resistance, a break of this level will indicate that the long term downtrend from 125.85 (Jun 5, 2015 high) had completed at 98.97 already, then further rise to 115.00 area could be seen....
AUDUSD continued its sideways movement in a range between 0.7441 and 0.7778. As long as 0.7441 key support holds, the sideways movement could be treated as consolidation of the uptrend from 0.7144, and further rise to 0.8000...
GBPUSD is facing 1.2700 resistance, a break of this level will indicate that the downward movement from 1.5016 had completed at 1.1946 already, then the following upward movement could bring price to 1.3500 zone. On the other...
