AUDUSD is now in a downtrend from 0.8124. Further decline could be expected after a minor consolidation and next target would be at 0.7871, followed by 0.7807. Resistance levels are at 0.8060 and 0.8124, only break above...
GBPUSD broke below 1.3451 support last Friday. Deeper decline towards the bullish trend line on the 4-hour chart would likely be seen. As long as the price is above the trend line, the fall from 1.3652 could...
EURUSD continued its sideways movement in a trading range between 1.1823 and 1.2092. As long as the price is above 1.1823 support, the sideways move could be treated as consolidation of the uptrend from 1.0569 (Apr 10...
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...
USDCAD’s bounce from 1.2061 extended to as high as 1.2390. Further rally is still possible next week and next target would be at the top trend line of the price channel on the daily chart now at...
USDJPY’s bounce from 107.31 extended to as high as 112.71. Near term support is at 110.70, as long as this level holds, further rise to retest 115.50 key resistance is still possible. On the downside, a break...
AUDUSD broke below the bullish support trend line on its daily chart, suggesting that lengthier consolidation for the uptrend from 0.7328 is underway. Range trading between 0.7807 and 0.8124 would likely be seen in a couple of...
GBPUSD is now facing a long term bearish trend line on its weekly chart. An upside break through the trend line could take price to next resistance level at 1.3950 which would be the final target of...
EURUSD stays in a rising price channel on its daily chart and remains in the uptrend from 1.0569. As long as the price is in the channel, the sideways movement in a trading range between 1.1823 and...
The USD/JPY pair fell a bit during the session on Friday, but looks to be finding support near the 112 level. Because of this, I believe that the market will continue to find buyers as the Federal...
