EURUSD moved sideways in a trading range between 1.1344 and 1.1412. As long as 1.1344 support holds, the price action in the trading range could be treated as consolidation for the uptrend from 1.1181, further rise to...
USDCAD broke below 1.3150 support, suggesting that the downside movement from 1.3432 has resumed. Further decline could be expected and next target would be at 1.3050 area. Resistance is at 1.3160, as long as this level holds,...
USDJPY broke above 107.73 resistance, suggesting that the downside movement from 108.80 had completed at 106.77 already. Further rally could be expected in the coming days and next target would be at 108.50 area. Support is at...
AUDUSD’s upside movement from 0.6831 extended to as high as 0.6999. As long as the price is in the rising price channel on the 4-hour chart, the upside movement could be expected to continue and next target...
GBPUSD is now in the downtrend from 1.2783, further decline is still possible after consolidation and next target would be at 1.2550 area. Resistance is at 1.2783, only break above this level could trigger another rise to...
EURUSD is now in the downtrend from 1.1412, further decline could be expected after consolidation and next target would be at 1.1280 area. Resistance is at 1.1412, only break above this level could trigger another rise towards...
By Elliott Wave International We have tracked the U.S. Federal Reserve’s interest rates decisions for years. In December, we wrote an article titled “Interest Rates Win Again as Fed Follows the Market,” where we observed that although...
USDCAD continues its sideways movement in a trading range between 1.3150 and 1.3228. As long as 1.3228 resistance holds, the sideways movement could be treated as consolidation for the downtrend from 1.3432, a breakdown below 1.3150 support...
USDJPY extended its downside movement from 108.80 to as low as 106.77. As long as 107.73 resistance holds, the bounce from 106.77 could be treated as consolidation for the downtrend from 108.80, further decline to 106.00 is...
AUDUSD stays in a bullish price channel on the 4-hour chart and remains in the uptrend from 0.6831. As long as the channel support holds, the upside movement could be expected to continue and next target would...
