By Elliott Wave International Investing is hard. You, like many others, probably watch financial TV networks, read analysis, listen to talk shows and talk to fellow investors, trying to understand what’s next. One popular stock market “indicator”...
USDCAD is facing 1.2887 support once again. A breakdown below this level could trigger further downside movement towards 1.2800 area. Near term resistance is at 1.3081, followed by the falling trend line on the daily chart, only...
USDJPY extended its upside movement from 104.63 to as high as 113.71. Further rise could be expected in a couple of weeks and next target would be at 115.50 resistance. Near term support is at 112.50, only...
AUDUSD failed to break above the bearish trend line on the daily chart and pulled back to 0.7200 area, suggesting that the pair remains in the downtrend from 0.8135 and the bounce from 0.7085 could be treated...
GBPUSD broke below the bottom of the price channel on the daily chart, suggesting that the short term uptrend from 1.2661 had completed at 1.3298 already and correction for the uptrend is underway. Deeper decline is still...
EURUSD failed in its attempt to break above 1.1851 resistance and pulled back to 1.1570 area, suggesting that the pair remains in the downtrend from 1.2555 and the price action from 1.1510 could be treated as consolidation...
USDCAD extended its upside movement from 1.2884 to as high as 1.3081, breaking above 1.3064 resistance. Further rally could be expected after a minor consolidation and next target would be at 1.3200 area. Near term support is...
USDJPY extended its upside movement from 110.38 to as high as 113.63. As long as the price is above the bullish trend line on the 4-hour chart, the upside movement could be expected to continue and next...
AUDUSD broke below 0.7236 support, suggesting that the upside movement from 0.7085 had completed at 0.7314 already. Further decline could be expected in a couple of days and next target would be at 0.7150 area. Near term...
GBPUSD is facing 1.3054 support, a breakdown below this level will confirm that the downtrend from 1.3298 has resumed, then further decline to 1.2900 area could be seen. Near term resistance is at 1.3130, only a break...
