By Elliott Wave International Most economists and financial analysts believe that central banks set interest rates. For more than two decades, Elliott Wave International has tracked the relationship between interest rates set by the marketplace and interest...
USDCAD extended its downside movement from 1.3664 to as low as 1.3273. Further decline is still possible in a couple of days and next target would be at 1.3200 area. Resistance is at 1.3330, above this level...
USDJPY is facing the resistance of the bearish trend line on the 4-hour chart, a clear break above the trend line resistance would indicate that the downside movement from 113.70 had completed at 105.05 already, then further...
AUDUSD’s upside movement from 0.6765 extended to as high as 0.7149. Further rise is still possible after a minor consolidation and next target would be at 0.7300 area. Near term support is at 0.7050, a breakdown below...
GBPUSD extended its upside movement from 1.2396 to as high as 1.2788, facing the key resistance level at 1.2814, above this level could trigger further upside movement to 1.2900 area. Near term support is at 1.2715, a...
EURUSD is facing 1.1500 resistance, a break of this level could trigger further upside movement towards 1.1600. Near term support is at 1.1425, below this level could bring the price back towards the bullish trend line on...
EURUSD Today we expect growth to the zone of 8%. An increase of $ 67 million strengthens the zone by 8%. Medium-term reference point of increase, – option level of growth of $ 40 million. GBPUSD Today...
USDCAD’s downside movement from 1.3664 extended to as low as 1.3365. Further decline is still possible after a minor consolidation and next target would be at 1.3300 area. Resistance is at 1.3430, above this level could bring...
USDJPY extended its upside movement from 105.05 to as high as 108.62. Further rise towards the bearish trend line on the 4-hour chart is possible in the coming days. As long as the trend line resistance holds,...
AUDUSD broke above the bearish trend line on the 4-hour chart, suggesting that the downside movement from 0.7393 had completed at 0.6765. Further rally is still possible and next target would be at 0.7300 area. Support is...
