The EUR/USD pair fell slightly during the course of the session on Friday, as we continue to reach towards the 1.05 level. That’s an area that should be rather supportive though, but I think sooner or later...
The AUD/USD pair trying to rally on Friday, but found the 0.75 level above to be far too resistant. The shooting star suggested quite a bit of negativity, and as a result I think that we will...
The USD/JPY pair broke out to the upside during the day, slicing through the 115 handle. This is an impulsive candle, so I think we could continue to go higher, but a pullback from there could be...
The USD/CAD pair went back and forth on Friday, as we continue to drift around. We have the OPEC and non-OPEC countries meeting over the course of the weekend, to discuss some type of production cut. If...
The GBP/USD pair had a very quiet session on Friday, as we essentially continue to do nothing. I do recognize that there is a significant amount of resistance above the 1.2850 level, and I consider that to...
By Elliott Wave International Every day, the mainstream financial experts attempt to explain away fluctuations in stock market trends with some “fundamental factor” du jour, all of which boil down to this: good news causes a market...
USDCAD stays in the upward price channel on daily chart, and remains in uptrend from 1.2460, as long as the channel support support holds, the fall from 1.3588 could be treated as consolidation of the uptrend. Another...
USDJPY’s upward movement from 101.18 extended to as high as 115.36. Key support is at 111.35, as long as this level holds, the uptrend could be expected to continue, and next target would be at 120.00 area....
No changed in our view, AUDUSD remains in downtrend from 0.7778. Resistance is at 0.7530, as long as this level holds, another fall to 0.6900 area could be expected after a minor consolidation. Only break above 0.7530...
GBPUSD stays above the upward trend line on daily chart, and remains in uptrend from 1.1946. As long as the trend line support holds, the uptrend could be expected to continue, and next target would be at...
