The EUR/USD pair rallied a bit during the day on Tuesday, reaching towards the 1.1775 level. The market pulled back a little bit from there, but as the Americans came on board, we continue to see bullish...
The Australian dollar initially rallied on Tuesday, using the 0.78 level as support. The 0.7850 level above was resistance during the previous session, but we could even make it to that level. It look very bullish initially,...
By Elliott Wave International If there’s ever been a time to resist the impulse to follow the investing crowd, now is that time. Large speculators are making a bet that’s four times larger than what they made...
GBPJPY has been trending higher on its short-term time frames, moving inside an ascending channel on its 1-hour chart. Price just bounced off resistance and could be due to test support at the 149.00 major psychological level....
USDCAD continued its bullish movement from 1.2061 and the rise extended to as high as 1.2692. Near term support is at 1.2530, followed by 1.2433, as long as these levels hold, further rise could be expected and...
USDJPY remains in the uptrend from 111.65, the fall from 114.09 is likely consolidation of the uptrend. Near term support is at 113.24, followed by the bullish trend line on the 4-hour chart. As long as the...
AUDUSD broke below 0.7732 support, indicating that the downtrend from 0.8124 has resumed. Further decline could be expected in the coming days and next target would be at the resistance-turned-support trend line on the weekly chart now...
GBPUSD failed its attempts to breakout of 1.3228 resistance and pulled back to 1.3110 area, suggesting that the pair remains in the short term downtrend from 1.3337 and deeper decline towards the major support trend line on...
EURUSD moved sideways in a trading range between 1.1725 and 1.1879. An upside break of 1.1795 resistance could trigger another rise towards 1.1879. Above this level could aim next resistance level at 1.2029. On the downside, below...
NZDUSD extended its downside movement from 0.7557 to as low as 0.6931. Further decline would likely be seen after a minor consolidation and next target would be at 0.6817. On the 4-hour chart, the NZDUSD pair traded...
