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GBPUSD Analysis. GBPUSD traded in a range between 1.5631 and 1.5851 for several days. As long as 1.5631 support holds, the price action in the range could be treated as consolidation of uptrend from 1.5272, another rise...
AUDUSD Analysis. AUDUSD moved sideways in a range between 1.0102 and 1.0371. As long as 1.0102 key support holds, the price action in the range is treated as consolidation of uptrend from 0.9390, and one more rise...
By Elliott Wave International This is Part II of our three-part series, "Robert Prechter Explains The Fed." You can read Part I here.
AUDUSD Analysis. AUDUSD is forming a cycle top at 1.0371 on 4-hour chart. Another fall to re-test 1.0100 key support would likely be seen later today, a breakdown below this level will indicate that the rise from...
AUDUSD Analysis. AUDUSD broke below the uptrend line on 4-hour chart, suggesting that a cycle top is being formed. Deeper decline would likely be seen in a couple of days, and target would be at 0.9900 zone....
AUDUSD Analysis. AUDUSD stays above a uptrend line on 4-hour chart, and remains in uptrend from 0.9390, and the rise has extended to as high as 1.0344. As long as the trend line support holds, uptrend could...
By Elliott Wave International Suppose you see a lovely house — one with great curb appeal. It has new paint and manicured shrubbery out front.
By Elliott Wave International The ongoing economic problems have made the central bank’s decisions — interest rates, quantitative easing, monetary stimulus, etc. — a permanent fixture on six-o’clock news.
EURUSD Analysis. EURUSD remains in uptrend from 1.3146, the pullback from 1.3833 is treated as consolidation of uptrend. Support is now at 1.3650, as long as this level holds, uptrend could be expected to resume, and another...
