USDCHF Analysis. Being contained by 0.9971 resistance, USDCHF pulled back from 0.9975. Support is at 0.9820, as long as this level holds, uptrend from 0.9548 is expected to continue and another rise to 1.0100 is still possible....
AUDUSD Analysis. AUDUSD continues its downward movement from 1.0182 and the fall extended to as low as 0.9724 level. Deeper decline towards 0.9651 key support is still possible later today, a breakdown below this level will suggest...
EURUSD Analysis. EURUSD continues its downward movement and the fall extended to as low as 1.3560 level. Deeper decline is still possible later today and next target would be at 1.3450-1.3500 area. Key resistance is at 1.3825,...
EURUSD Analysis. EURUSD’s downward move from 1.4281 extended to as low as 1.3574 level. As long as 1.3825 key resistance holds, the bounce from 1.3574 is treated as consolidation of downtrend and another fall to 1.3450-1.3500 area...
By Elliott Wave International On November 1, the EUR/USD — the euro-dollar exchange rate and the most actively-traded forex pair — was trading the $1.38 range, near the level it is today. But if you look at...
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EURUSD Analysis. EURUSD continues its downward move from 1.4281, and the fall extends to as low as 1.3601 level. Resistance is at 1.3825, as long as this level holds, downtrend is expected to continue and next target...
USDCAD Analysis. USDCAD moves sideways in a range between 0.9979 and 1.0093. Now the price action in the trading range is more likely consolidation of downtrend from 1.0372. Another fall to test 0.9979 support is expected later...
USDCAD Analysis. Being contained by 0.9979 support, USDCAD rebounded to as high as 1.0093 level, suggesting that a cycle bottom is being formed on 4-hour chart. Range trading between 0.9979 and 1.0150 would more likely be seen...
USDJPY Analysis. USDJPY moved sideways in a range between 80.30 and 81.98 for several weeks. Lengthier consolidation in the rang is still possible in a couple of days. As long as 81.98 resistance holds, we’d expect downtrend...
