GBPUSD extended its downside movement from 1.3199 to as low as 1.2265. 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...
EURUSD stays below a falling trend line on the 4-hour chart and remains in the downtrend from 1.1496. As long as the trend line resistance holds, the downside movement could be expected to continue and next target...
USDCAD extended its upside movement from 1.2951 to as high as 1.3994. Further rise would likely be seen after a minor consolidation and next target would be at 1.4500 area. Near term support is at 1.3670, a...
USDJPY’s downside movement from 112.22 had completed at 101.17 already. Another rise towards 113.00 would likely be seen over the next several weeks. Near term support is at 105.20, only break below this level could bring the...
AUDUSD extended its downside movement from 0.7031 to as low as 0.6122. 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...
GBPUSD extended its downside movement from 1.3514 to as low as 1.2265. Further decline is still possible and next target would be at 1.2050 area. Resistance is at 1.2650, a breakout of this level could trigger another...
EURUSD broke below 1.1200 support, suggesting that the upside movement from 1.0778 had completed at 1.1496 already. Further decline would likely be seen and next target would be at 1.0778 support. Near term resistance is at 1.1250,...
By Elliott Wave International On March 12, the date the DJIA closed lower more than 2350 points, the U.S. chief equity strategist for a major financial firm appeared on Bloomberg after the market close and opined that...
By Elliott Wave International Crude oil took a 30% dive on Sunday, March 8. Yet what’s happened in oil this year is so much bigger than that headline-grabbing, one-day move. In January, oil was $64 a barrel....
USDCAD extended its upside movement from 1.3201 to as high as 1.3960. Further rise is still possible after a minor consolidation and next target would be at 1.4050 area. Support is located at the rising trend line...
