EURUSD moved sideways in a trading range between 1.2239 and 1.2446. Another fall to test 1.2239 support would likely be seen in the coming days. A breakdown below this level could take price to next support level...
USDCAD broke below the bullish trend line on the daily chart, suggesting that consolidation for the uptrend from 1.2248 is underway. Range trading between 1.2650 and 1.3124 would likely be seen in a couple of weeks. As...
USDJPY extended its downside movement from 113.75 to as low as 104.63. Further decline is still possible next week and next target would be at 102.00 area. The key resistance is at 107.90, only a breakout of...
AUDUSD stays below a bearish trend line on its daily chart and remains in the downtrend from 0.8135. As long as the price is below the trend line, the downside movement could be expected to continue and...
GBPUSD broke above 1.4145 resistance. Further rise to test 1.4345 resistance is possible next week. A breakout of this level could signal resumption of the uptrend from 1.1946 (Oct 7, 2016 low), then next target would be...
EURUSD continued its sideways movement in a trading range between 1.2154 and 1.2555. As long as 1.2154 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.1554 and a breakout of 1.2555...
Elliott Wave Analysis: SPX Should See More Weakness SPX rally to 2801.9 on 3.13.2018 ended Primary wave ((X)). Since then, the decline from there is unfolding as a double three Elliott Wave structure where Minor wave W...
By Elliott Wave International Many investors would welcome a “secret insight” about the stock market that someone whispers in their ear. But you can get “tipped off” on when a financial trend is about to change from...
The US dollar fell significantly against the Japanese yen during trading on Thursday, reaching down below the 105.50 level that I have been talking about recently. I believe that this is a support “zone” that extends down...
The US dollar initially fell against the Canadian dollar on Thursday, as we had seen on Wednesday, but found enough support near the 1.2825 level to turn things around and bounce significantly. As I record this, the...
