USDJPY 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 107.05 could be treated as consolidation for the uptrend from 104.18, and...
AUDUSD continued its sideways movement in a trading range between 0.7063 and 0.7242. The sideways movement is likely consolidation for the uptrend from 0.6776 (Jun 15 low), and further rise to 0.7350 area is possible after the...
GBPUSD moved sideways in a trading range between 1.2980 and 1.3185. The sideways movement is likely consolidation for the uptrend from 1.2251 (Jun 29 low). As long as 1.2980 support holds, the uptrend could be expected to...
EURUSD continued its sideways movement in a trading range between 1.1695 and 1.1916. As long as 1.1695 support holds, the sideways movement could be treated as consolidation for the uptrend from 1.1168 (Jun 19 low), and a...
USDCAD extended its downside movement from 1.4667 to as low as 1.3191. Further decline is still possible next week and next target would be at 1.3000 area. Near term resistance is at the top of the falling...
USDJPY’s bounce from 104.18 extended to as high as 107.05. As long as the price is below the falling trend line on the daily chart, the bounce could be treated as consolidation for the downtrend from 111.71,...
AUDUSD remains in the uptrend from 0.5507. Further rise would likely be seen after a minor consolidation and next target would be at 0.7500 area. Near term support is at 0.7060, a breakdown below this level could...
GBPUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.1409. Further rise would likely be seen in a couple of weeks and next target would be at 1.3500 area....
EURUSD stays above a rising trend line on the daily chart and remains in the uptrend from 1.0635. As long as the trend line support holds, the upside movement could be expected to continue and next target...
By Elliott Wave International This chart of the Australian Dollar/US Dollar exchange shows that since late March, the dollar-down-under has trended: UP… to its highest level in 15 — no, make that 18 months. What explains the...
