USDCAD broke above the falling price channel on the daily chart, suggesting that the downside movement from 1.3382 had completed at 1.2951 already. Further rally would likely be seen and next target would be at 1.3382 resistance,...
USDJPY stays in a rising price channel on the daily chart and remains in the uptrend from 104.44. As long as the channel support holds, the upside movement could be expected to continue and the target would...
AUDUSD extended its downside movement from 0.7031 to as low as 0.6661, breaking below 0.6670 support. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected...
GBPUSD broke below 1.2905 support, suggesting that the upside movement from 1.1958 had completed at 1.3514 already. Further decline would likely be seen in a couple of weeks and next target would be at 1.2500 area. Resistance...
EURUSD’s fall from 1.1239 extended to as low as 1.0942. As long as the price is below the falling trend line on the daily chart, the downside movement could be expected to continue and next target would...
Short term Elliott wave view in Russell (RTY_F) suggests the Index ended the correction from January 17, 2020 high in wave (4) at 1609.56. It has since resumed higher in wave (5) and the internal subdivision is...
By Elliott Wave International No analytical method can offer 100% clarity about the market’s future. Yet critics of technical analysis, particularly Elliott waves, say that popular technical methods fail if they don’t do just that. Of course,...
USDCAD broke below the support of the rising price channel on the 4-hour chart and moved sideways in a trading range between 1.3262 and 1.3308. A breakdown below 1.3262 support would indicate that the upside movement from...
USDJPY remains in the uptrend from 108.30. Further rise would likely be seen in the coming days and next target would be at 110.28 resistance. Near term support is at 109.55, a breakdown below this level could...
AUDUSD failed to break above 0.6777 resistance and moved sideways in a trading range between 0.6678 and 0.6777. As long as 0.6777 resistance holds, the price action in the range could be treated as consolidation for the...
