NZDJPY seems to be forming a triangle consolidation pattern visible on its daily time frame as it bounced off the 82.00 handle and is heading back to support around 79.00 to 79.50. Stochastic has turned lower from...
USDCAD extended its bullish movement from 1.2061 to as high as 1.2493, breaking above the top trend line of the price channel on the daily chart. Near term support is at the rising trend line on the...
USDJPY’s upside movement from 107.31 extended to as high as 113.25. Further rise could be expected and next target would be at 114.00 area. Key support is at 111.47, only a breakdown below this level would indicate...
AUDUSD is now facing the 0.7807 support, a breakdown below this level would confirm that the uptrend from 0.7328 (May 9 low) had completed at 0.8124 already, then the pair would find next support at the resistance-turned-support...
GBPUSD broke below the bullish trend line on the 4-hour chart, indicating that the upside movement from 1.2774 had completed at 1.3652 already. Further decline could be expected after a minor consolidation and next target would be...
EURUSD extended its downside movement from 1.2092 to as low as 1.1717. Further decline to test 1.1662 support could be expected in the coming days. As long as this level holds, the fall from 1.2092 could be...
Housing data have been quite disappointing lately, and it is worth remembering that the sector that triggered the subprime mortgage crisis of 2007/8. The market is still sensitive to the number of negative homes. The EURUSD four...
NZDUSD stays in a falling price channel on its 4-hour chart, suggest that the pair remains in the downtrend from 0.7428. As long as the as the price is in the channel, the downside move could be...
By Elliott Wave International Should investors rely on traditional ways of evaluating the stock market’s “proper value”? You might be surprised at what these four charts show. 3 Videos + 8 Charts = Opportunities You Need to...
The US dollar rallied during the session on Tuesday, breaking above the 112 level against the Japanese yen. This is an area that continues to attract a lot of attention, and I think it’s only a matter...
