GBP/USD Forecast Mars 13, 2017, Technical Analysis
GBP/USD daily chart, March 13, 2017 The GBP/USD pair went back and forth during the day on Friday as we continue to look for support near the 1.21 handle. I think that I rally at this point...
Month: March 2017
EUR/USD Forecast March 13, 2017, Technical Analysis
EUR/USD daily chart, March 13, 2017 The EUR/USD pair broke higher during the day on Friday, slicing through the 50-day exponential moving average. This is a very bullish candle, and I believe that the upward momentum will...
AUD/USD Forecast March 13, 2017, Technical Analysis
AUD/USD daily chart, March 13, 2017 The AUD/USD pair rallied on Friday, showing signs of life at the 0.75 handle. This might be the beginning of the continuation of the longer-term uptrend, but we need to see...
USDCAD Weekly Analysis – March 11, 2017
USDCAD remains in uptrend from 1.2460 (May 3, 2016 low). The price action from 1.3598 is likely consolidation of the uptrend. Further rise could be expected after the consolidation and next target would be at 1.4000 area....
USDJPY Weekly Analysis – March 11, 2017
USDJPY is facing the 115.62 resistance. A break of this level will indicate that the downtrend from 118.66 had completed at 111.58 already, then the following upward movement could bring price to 120.00 zone. On the other...
AUDUSD Weekly Analysis – March 11, 2017
Being contained by 0.7778 resistance, AUDUSD pulled back from 0.7740. The pair is now in downtrend. Further decline could be expected and next target would be at 0.7100 area. Resistance is at 0.7740, only break above this...
GBPUSD Weekly Analysis – March 11, 2017
GBPUSD continued its sideways movement in a trading range between 1.1946 and 1.2774. As long as 1.2774 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.5016, and further decline to 1.1500...
EURUSD Weekly Analysis – March 11, 2017
EURUSD stays in the descending price channel on daily chart and remains in downtrend from 1.1616 (May 3, 2016 high). As long as the channel resistance holds, the price action from 1.0340 could be treated as consolidation...
You Asked, We Answered in our Latest “Video Mailbag”
By Elliott Wave International In our latest “Video Mailbag,” Robert Kelley and Steve Craig, two of our global analysts, sit down to answer questions submitted by viewers like you. Learn the Why, What and How of Elliott...
USD/JPY Forecast March 10, 2017, Technical Analysis
USD/JPY daily chart, March 10, 2017 The USD/JPY pair broke higher during the day, slamming into the 115 handle. This is an area that I think it leads the market much higher if we can break above...