By Elliott Wave International Would you like to improve your ability to trade — not only with a clear understanding of the Elliott Wave Principle, but also by learning how and when to act on your wave...
USDCAD Analysis. USDCAD stays in a trading range between 1.0326 and 1.0442. As long as 1.0442 resistance holds, the price action in the range could be treated as consolidation of the downtrend from 1.0608, another fall towards...
USDJPY Analysis. USDJPY broke above 100.00 resistance and reaches as high as 100.48, suggesting that the downward movement from 101.53 had completed. Further rise to test 101.53 resistance could be expected in a couple of days, a...
USDCAD Analysis. USDCAD remains in downtrend from 1.0608, the rise from 1.0326 is treated as consolidation of the downtrend. Resistance is at 1.0440, as long as this level holds, the downtrend could be expected to resume, and...
By Elliott Wave International Three steps may sound simple enough. Yet if you have any experience trading, you know that nothing about trading is easy. Education is imperative. So is preparation.
AUDUSD Analysis. AUDUSD failed to break above 0.9344 key resistance and stays in a trading range between 0.9037 and 0.9344. As long as 0.9344 resistance holds, the price action in the range could be treated as consolidation...
AUDUSD Analysis. AUDUSD’s upward movement from 0.9037 extends to as high as 0.9297. Further rise to test 0.9344 resistance is still possible, as long as this level holds, the rise could be treated as consolidation of the...
USDCAD Analysis. USDCAD is facing the support of the upward trend line on 4-hour chart. As long as the trend line support holds, the fall from 1.0608 could be treated as consolidation of the uptrend from 1.0137,...
AUDUSD Analysis. AUDUSD moves sideways in a narrow range between 0.9037 and 0.9180. The price action in the range is likely consolidation of the downtrend from 0.9344. Another fall to test 0.9037 support could be expected, a...
USDCHF Analysis. USDCHF’s upward movement from 0.9130 extends to as high as 0.9664. Support is at the upward trend line on 4-hour chart, as long as the trend line support holds, the uptrend could be expected to...
