The EUR/USD pair fell rather significantly during the session on Monday, and accelerated to the downside after the US retail sales figures candle stronger than anticipated. However, looks as if the 1.17 level is trying to hold,...
The Australian dollar initially tried to rally on Tuesday, but found enough resistance at the 0.7875 level to turn around and continue to fall. I believe the gold markets are going to continue to suffer, as the...
EURUSD is starting to trend lower and move inside a descending channel formation. Price is bouncing off support and might be due for a test of the resistance at the 1.1800 major psychological level. The 100 SMA...
After consolidation, USDCAD broke above 1.2752 resistance and continued its bullish movement to as high as 1.2778. Key support is at 1.2650, as long as the price is above this level, the upside movement could be expected...
USDJPY broke above the bearish trend line on the 4-hour chart and is now in uptrend from 108.73. Further rise could be expected after a correction pullback and next target would be at 112.00 area. Near term...
AUDUSD extended its downside movement from 0.8065 to as low as 0.7807, facing the bullish trend line on its daily chart. A clear break below the trend line support could take price to next support level at...
GBPUSD extended its bearish movement from 1.3267 to as low as 1.2845, facing the bullish support trend line on the daily chart. A clear break below the trend line support could take price to next support level...
EURUSD is facing 1.1689 support. A breakdown below this level will trigger another fall towards the bottom support trend line of the price channel on its daily chart, now at around 1.1560. On the other side, as...
By Elliott Wave International The market itself provides its own clues about its future price action. One such clue is found in higher-beta small cap stocks vs. lower-beta blue chips. Get our take. ********* Every bull and...
Short term Dow Futures (YM_F) Elliott Wave view suggests that rally from 6/29 low is unfolding as a a double three Elliott wave structure. Up from 6/29 low (21138), Minor wave W ended at 22132 and pullback to 21790...
