GBPUSD broke above the falling trend line on the 4-hour chart, suggesting that the downside movement from 1.3298 had completed at 1.2921 already. Further rally could be expected and next target would be at 1.3250 area. Near...
EURUSD stays in a bearish price channel on the 4-hour chart and remains in the downtrend from 1.1815. As long as the price is in the channel, the bounce from 1.1463 could be treated as consolidation of...
USDCAD extended its downside movement from 1.3385 to as low as 1.2782, breaking below 1.2887 support. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected...
USDJPY’s upside movement from 109.77 extended to as high as 114.54. Further rise is still possible after a minor consolidation and next target would be at 115.50 resistance. Near term support is at the bottom of the...
AUDUSD extended its downside movement from 0.8135 to as low as 0.7042, breaking below 0.7085 support. As long as the price is below the bearish trend line on the daily chart, the downside movement could be expected...
GBPUSD remains in the uptrend from 1.2661, the pullback from 1.3298 is likely consolidation for the uptrend. Another rise could be expected after the consolidation and next target would be at 1.3500 area. Near term support is...
EURUSD moved sideways in a trading range between 1.1301 and 1.1851 for several months. As long as 1.1851 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.2555 and further decline towards...
By Elliott Wave International 7 Days of Free Forecasts 11 Top FX Markets + Bitcoin, Ethereum & Litecoin Forex FreeWeek | October 3-10, 2018 You’ve just seen how Elliott Wave analysis can help you anticipate even the...
USDCAD’s bounce from 1.2782 extended to as high as 1.2884. However the bounce is likely consolidation for the downtrend from 1.3081. Another fall is possible after the consolidation and a breakdown below 1.2782 support could trigger further...
USDJPY’s upside movement from 110.38 extended to as high as 114.54. Further rise is still possible and next target would be at 115.50 resistance. Near term support is at 113.52, a breakdown below this level could bring...
