USDCAD broke above 1.3395 resistance, suggesting that the uptrend from 1.3201 has resumed. Further rise would likely be seen and next target would be at 1.3463 resistance, a break of this level would aim 1.3500 zone. Support...
USDJPY stays below a bearish trend line on the 4-hour chart and remains in the downtrend from 112.22. As long as the trend line resistance holds, the bounce from 106.84 could be treated as consolidation for the...
AUDUSD remains in the uptrend from 0.6433, further rise would likely be seen after a minor consolidation and next target would be at 0.6700 area. Near term support is at 0.6575, a breakdown below this level could...
GBPUSD extended its upside movement from 1.2725 to as high as 1.2874. Further rise would likely be seen and the target would be at the top of the falling price channel on the 4-hour chart. On the...
EURUSD is facing the support of the rising trend line on the 4-hour chart. As long as the trend line support holds, the pullback from 1.1213 could be treated as consolidation for the uptrend from 1.0778, and...
Short term view suggests the rally in Palladium to 2814.25 ended wave (3). The wave (4) decline in Palladium is currently in progress to correct cycle from May 13, 2019 low before the rally resumes. Internal of...
The Fed has cut rates, but stocks barely noticed. And you may be getting particularly worried right now. Our friends at Elliott Wave International would like to help — free. Their research shows that — contrary to...
By Elliott Wave International Hedge fund managers are considered to be among the smartest people on Wall Street. Ironically, as a group, they’re notorious for consistently being on the wrong side of major turns in the markets...
USDCAD is now in the downtrend from 1.3463, the bounce from 1.3314 is likely consolidation for the downtrend. Further decline could be expected after the consolidation and next target would be at 1.3250 area. Near term resistance...
USDJPY extended its downside movement from 112.22 to as low as 106.84. Further decline is still possible after a minor consolidation and next target would be at 106.50 area. Key resistance is located at the bearish trend...
