AUDUSD stays in a falling price channel on the daily chart and remains in the downtrend from 0.7205. As long as the channel resistance holds, the bounce from 0.6864 could be treated as consolidation for the downtrend,...
GBPUSD extended its downside movement from 1.3381 to as low as 1.2604. Further decline is still possible after a minor consolidation and next target would be at 1.2500 area. Key resistance is at 1.2813, a break of...
EURUSD moved sideways in a trading range between 1.1110 and 1.1270. As long as the price is below the falling trend line on the daily chart, the sideways movement could be treated as consolidation for the downtrend...
By Elliott Wave International Our chart of Costco Wholesale Corporation as of March 12. If today was March 12, could you assess within five minutes where this popular stock was headed next? Maybe you’d go directly to...
USDCAD extended its upside movement from 1.3357 to as high as 1.3502, facing 1.3520 resistance, a break of this level could trigger further upside movement towards 1.3600. Near term support is at 1.3450, a breakdown below this...
USDJPY broke below the rising trend line on the 4-hour chart, indicating that the upside movement from 109.01 had completed at 110.67 already. Further decline could be expected and next target would be at 109.01 support. Resistance...
AUDUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 0.7068. As long as the channel resistance holds, the downside movement could be expected to continue and next target would...
GBPUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.3176. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
EURUSD broke above the bearish price channel on the 4-hour chart, suggesting that the downside movement from 1.1263 had completed at 1.1106 already. Further rally could be expected after a minor consolidation and next target would be...
USDCAD rebounded strongly after touching 1.3376 support, suggesting that the pair remains in the uptrend from 1.3274, and the price action from 1.3520 could be treated as consolidation for the uptrend. Further rise towards 1.3520 resistance would...
