USDCAD is facing the resistance of the falling price channel on the daily chart. As long as the channel resistance holds, the downside movement from 1.4667 could be expected to continue and next target would be at...
USDJPY failed to break below 105.98 key support. Another rise towards the falling trend line on the daily chart could be expected in the coming days. A breakout of the trend line resistance could trigger further upside...
AUDUSD is forming a sideways consolidation in a trading range between 0.6775 and 0.7063. As long as 0.6775 support holds, the uptrend from 0.5507 could be expected to continue and next target would be at 0.7300 area....
GBPUSD is facing the resistance of the falling trend line on the daily chart. A breakout of the trend line resistance could trigger further upside movement towards 1.3000. Near term support is at 1.2450, a breakdown below...
EURUSD broke above 1.1422 resistance, suggesting that the uptrend from 1.0635 has resumed. Further rise would likely be seen and next target would be at 1.1600 area. Near term support is at 1.1330, a breakdown below this...
By Elliott Wave International Recently in these pages, we noted that bull markets in stocks tend to end with “a subtly slowing ascent” rather than with a final “spike” higher, as many investors believe. Historical examples were...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Natural Gas ( $NG_F) published in members area of the Elliottwave-Forecast . As our members know, Natural Gas...
AUDUSD 45 minutes chart below shows that pair has ended cycle from July 9 high as wave 2 at 0.6918 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 9 high, wave ((a)) ended...
USDCAD failed to break below 1.3485 support and stayed in a trading range between 1.3490 and 1.3645. A breakdown below 1.3485 support could take the price to 1.3300 area. Resistance is at 1.3645, above this level could...
USDJPY is facing 107.43 resistance, a breakout of this level would indicate that the downside movement from 108.16 had completed at 106.64 already, then another rise towards 108.50 could be seen. However, as long as 107.43 resistance...
