EURUSD stays in a falling price channel on the 4-hour chart and remains in the downtrend from 1.1239. As long as the channel resistance holds, the bounce from 1.1085 could be treated as consolidation for the downtrend,...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dow Jones Futures ( $YM_F ) published in members area of the Elliottwave-Forecast.com . As our members...
USDCAD broke below the rising price channel on the 4-hour chart, suggesting that the upside movement from 1.2951 had completed at 1.3104 already. Further decline would likely be seen in the coming days and next target would...
USDJPY is facing 109.72 resistance, a break of this level could trigger further upside movement towards 110.00. Near term support is at 109.35, a breakdown below this level would indicate that consolidation for the uptrend is underway,...
AUDUSD broke above the falling trend line on the 4-hour chart, suggesting that the downtrend from 0.7031 had completed at 0.6848 already. Further rally would likely be seen in a couple of days and the target would...
GBPUSD remains in the downtrend from 1.3284. As long as the price is below the falling trend line on the 4-hour chart, the downside movement could be expected to continue and next target would be at 1.2900...
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1239. As long as the trend line resistance holds, the downtrend could be expected to continue and next target would...
USDCAD remains in the downtrend from 1.3327, the bounce from 1.2951 is likely consolidation for the downtrend. As long as 1.3110 resistance holds, the downtrend could be expected to resume, and further decline to 1.2800 area is...
After touching 107.88 support, USDJPY rebounded strongly to 109.69, facing the resistance level at 109.72. Further rise would likely be seen next week and next target would be at 111.00 area. Near term support is at 108.95,...
AUDUSD broke below the rising trend line on the daily chart, suggesting that the upside movement from 0.6754 had completed at 0.7031 already. Further decline would likely be seen in a couple of weeks and next target...
