AUDUSD continues to trend higher inside its ascending channel pattern on the 4-hour time frame. Price is currently testing the channel support and might be due for a bounce to the top. The 100 SMA is above...
By Elliott Wave International On January 23, Bitcoin fell below $10,000. That’s the second time in recent days that prices dipped below this psychologically important threshold. The headlines picked up on the drama: “Bitcoin tumbles below $10,000...
USDCAD extended its downside movement from 1.2590 to as low as 1.2247. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next...
USDJPY is forming a sideways consolidation in a trading range between 108.28 and 109.77. As long as 109.77 resistance holds, the downtrend could be expected to resume and another fall towards 107.31 is still possible after the...
AUDUSD is facing the support of the rising trend line on its 4-hour chart. As long as the trend line support holds, the fall from 0.8135 could be treated as consolidation of the uptrend from 0.7501 and...
GBPUSD remains in the uptrend from 1.3301, the fall from 1.4345 is likely consolidation of the uptrend. Another rise towards 1.4500 is still possible after the consolidation. Near term resistance is at 1.4345, a breakout of this...
EURUSD moved sideways in a trading range between 1.2335 and 1.2537. The sideways movement is likely consolidation of the uptrend from 1.1717. Another rise could be expected after the consolidation and a breakout of 1.2537 resistance would...
