(Note: This interview was originally recorded on September 20, 2010) In the video below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about a technical pattern he sees forming in the...
GBPUSD Analysis. After breaking below the lower border of the price channel on 4-hour chart, GBPUSD moved sideways in a range between 1.5669 and 1.5921. The price action in the trading range is more likely consolidation of...
GBPUSD Analysis. After touching the lower border of the rising price channel on 4-hour chart, GBPUSD rebounded from 1.5669. Range trading between 1.5669 and 1.5921 is expected in a couple of days. As long as 1.5669 support...
(Note: This interview was originally recorded on September 20, 2010) In the video below, Robert Prechter talks to Yahoo! Finance Tech Ticker host Aaron Task and Henry Blodget about a technical pattern he sees forming in the...
USDCHF Analysis. USDCHF stays below a falling trend line from 1.0624 to 1.0277 and remains in downtrend. As long as the trend line resistance holds, downtrend from 1.1730 (Jun 1 high) is expected to continue and another...
By Elliott Wave International There’s a little known joke among the trading community that goes like this: "A trader walks into a bar… pattern: ‘Ouch!’ " Fact is, if you don’t know what you’re doing, price bar...
GBPUSD Analysis. GBPUSD moves sideways in a range between 1.5719 and 1.5894. The price action in the trading range is treated as consolidation of uptrend from 1.5296. Support is at the lower border of the rising price...
GBPUSD Analysis. GBPUSD stays in a rising price channel on 4-hour chart and remains in uptrend from 1.5296. As long as the channel support (now at 1.5660) holds, uptrend is expected to continue and another rise towards...
USDCAD Analysis. USDCAD formed a sideways consolidation in a range between 1.0191 and 1.0378. Bounce towards 1.0378 key resistance would more likely be seen, a break above this level will confirm that the downtrend from 1.0672 has...
AUDUSD Analysis. After consolidation, AUDUSD continues its upward movement from 0.8771 and reaches as high as 0.9622 level. Further rise is still possible in a couple of days and next target would be at 0.9700-0.9750 area. Key...
