USDCAD Analysis. After touching the lower line of the price channel on 4-hour chart, USDCAD rebounded from 1.0254, suggesting that a cycle bottom is being formed. Further rise would likely be seen, and next target would be...
USDCAD Analysis. USDCAD is facing the support of the lower line of the price channel on 4-hour chart, as long as the channel support holds, the pair remains in uptrend from 0.9932, and the fall from 1.0341...
EURUSD Analysis. EURUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.3711, the price action from 1.2966 is likely consolidation of the downtrend. Key resistance is located at he upper line...
USDCAD Analysis. USDCAD stays above a upward trend line on 4-hour chart, and remains in uptrend, the fall from 1.0341 is likely consolidation of the uptrend. As long as the trend line support holds, the uptrend could...
By Elliott Wave International The federal government defines the Producer Price Index (PPI) as “the average change over time in the selling prices received by domestic producers for their output.”
EURUSD Analysis. EURUSD stays within a downward price channel on 4-hour chart and remains in downtrend from 1.3711, the price action from 1.3018 could be treated as consolidation of the downtrend. Resistance is at the upper line...
