GBPUSD has been staying above a rising trend line on the weekly chart, indicating that the pair remains in a long-term uptrend from 1.0352. As long as the trend line support holds, the pullback from 1.3141 could...
EURUSD has been staying within a rising price channel on the weekly chart, indicating that the pair remains in a long-term uptrend from 0.9535. As long as the channel support holds, the pullback from 1.1275 could be...
By Elliott Wave International It stands to reason that executives of a corporation know more about the goings-on of their business than outsiders. So, it’s wise to pay attention to their stock market actions regarding their own...
USDCAD is currently testing the 1.3242 resistance level once again. If the price manages to break through this level, it could rise towards the next resistance level at 1.3300, followed by 1.3386. On the other hand, there...
USDJPY has recently extended its downward trend, falling from 141.94 to as low as 138.05. Further decline is still possible in the coming days, with the next target being the 137.23 support level. On the other hand,...
AUDUSD has recently extended its downward trend, falling from 0.6894 to as low as 0.6622. As long as the price stays below the falling trend line on the 4-hour chart, the downside move could be expected to...
After touching the 1.2963 resistance level, GBPUSD dropped sharply to 1.2762, breaking below the 1.2797 support level. This suggests that the pair remains in a downtrend from 1.3141. Further decline is likely to be seen in the...
After touching the 1.1146 resistance level, EURUSD dropped sharply to 1.0943, breaking below the 1.1020 support level. This indicates that the pair remains in a downtrend from 1.1275. Further decline is still possible in the coming days,...
USDCAD has failed to break above the 1.3242 resistance level and remains within a trading range between 1.3092 and 1.3242. In the coming days, another fall towards the 1.3092 support level is likely. If the price were...
USDJPY has recently broken below the support of a rising price channel on the 4-hour chart, suggesting that the upside move from 137.23 has already completed at 141.94. The fall from 141.94 has now reached as low...
