USDCHF Analysis. USDCHF’s fall from 0.9552 extends to as low as 0.9436. However, the fall is likely consolidation of the uptrend from 0.9021. Key support is located at the upward trend line on 4-hour chart, as long...
USDCAD Analysis. USDCAD stays in a trading range between 1.0216 and 1.0341. Support is at 1.0216, as long as this level holds, the price action in the range could be treated as consolidation of the uptrend from...
USDCAD Analysis. USDCAD breaks below the lower line of the price channel on 4-hour chart, suggesting that lengthier consolidation of the uptrend from 0.9932 is underway. Range trading between 1.0216 and 1.0341 could be expected to continue...
By Elliott Wave International As a technical trader, are you able to view financial market fluctuations clearly and reliably?
USDCAD Analysis. USDCAD failed to break above 1.0341 resistance and stays in a trading range between 1.0216 and 1.0341. Key support is at 1.0216, as long as this level holds, the price action in the range could...
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.”
