The British pound continues to be very volatile, dropping after Teresa May said that there was no agreement between the UK and the EU yet. However, she remained upbeat, and eventually they will make some type...
The EUR/USD pair rolled over a bit during the trading session on Tuesday, as we went looking towards the 1.18 level underneath. This is an area that has been supportive in the past several sessions, and...
The Australian dollar rallied significantly during the trading session on Tuesday, but found the 0.7650 level to be resistance, as it was once support. By doing so, the market rolled over from there and reach down...
EURAUD recently broke below its ascending channel bottom around 1.5600-1.5650 then hit a low of 1.5500 before pulling up. Applying the Fib tool on the latest swing high and low shows that the 50% level lines up...
By Elliott Wave International Evidence: Your Bond Fund Is Riskier Than You Think Debt deflation has taken down a huge multinational builder. Pitfalls in the bond market are growing too risky for bond investors to ignore. Learn...
USDCAD extended its downside movement from 1.2909 to as low as 1.2623. Further decline would likely be seen after a minor consolidation and next target would be at 1.2600 area. Near term resistance is at 1.2750, only...
USDJPY remains in uptrend from 110.84, the fall from 113.08 could be treated as consolidation of the uptrend. As long as the price is above the rising trend line on the 4-hour chart, the upside movement could...
After touching 0.7644 resistance, AUDUSD fell to 0.7571, indicating that the pair remains in the downtrend from 0.8124 (Sep 8 high) and the price action from 0.7532 is consolidation of the downtrend. Deeper decline to test 0.7532...
GBPUSD’s pullback from 1.3549 extended to as low as 1.3370. Further decline is still possible and next target would be at the rising trend line on the 4-hour chart. As long as the trend line support holds,...
EURUSD broke below 1.1809 support, suggesting that the upside movement from 1.1554 had completed at 1.1961 already. Further decline would likely be seen in the coming days and next target would be at 1.1712. A breakdown below...
