EURUSD continued its bullish movement from 1.1118 and the rise extended to as high as 1.1390. Support is now at 1.1290, as long as this level holds, the uptrend could be expected to continue and next target...
Short term EURJPY Elliott Wave view suggests the decline to 122.35 on 6/15 low ended Intermediate wave (X). Rally from there is unfolding as an impulse Elliott Wave structure with extension where Minute wave ((i)) ended at 124.46...
USDCAD’s fall from the May 5 high of 1.3793 extended to as low as 1.3137 and broke below the bottom support trend line at 1.3230 of the price channel on its weekly chart, suggesting that the uptrend...
EURNZD appears to be pulling up from its dive with the recent strong bounce, but this might represent a mere correction from the long-term slide. Applying the Fib tool on the latest swing high and low shows...
The USD/JPY pair initially went sideways during the Tuesday session, dipped significantly to test the 111.50 level, and then broke above the 112 handle. That’s a very bullish sign and I believe that we are now free...
The US dollar broke apart against the Canadian dollar rather significantly. Ultimately, this is a market that has broken below the 1.32 level, and that was an area that was offering a significant amount of support. I...
The British pound initially went sideways during the day on Tuesday, and then broke higher, reaching towards the 1.2775 level. Above there, I think the 1.28 level offered resistance, so if we can break above there I...
The EUR/USD pair had an extraordinarily bullish day on Monday, breaking above the 1.12 level handily, and reaching towards the 1.13 handle. The market should continue to go higher, and a break above the 1.1315 level is...
The Australian dollar initially rally during the day on Tuesday but then found enough resistance near the 0.7625 handle to turn around and drop significantly. However, as I record this market for the Wednesday session, I can...
By Elliott Wave International I have a friend… let’s call him Larry. Let’s just say, Larry is not a fan of taking risks. He likes his reflexes fast, his cars slow, and his financial markets secure for...
