Sometimes understanding the most basic elements of a chart can improve your trading success. That’s why Elliott Wave International (EWI) created a new eBook, Learn to Identify High Probability Trading Opportunities Using Price Bars and Chart Patterns,...
USDCAD Analysis. USDCAD remains in uptrend from 1.0182 (Sep 19 low), the price action from 1.0496 could be treated as consolidation of the uptrend. Key support is located at the lower line of the price channel on...
AUDUSD Analysis. After touching the upper line of the price channel on 4-hour chart, AUDUSD pulls back from 0.9418, suggesting that the pair remains in downtrend from 0.9756, the rise from 0.9269 could be treated as consolidation...
AUDUSD Analysis. AUDUSD is facing the resistance of the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend could be expected to resume, and one more fall towards...
GBPUSD Analysis. GBPUSD’s rise from 1.5854 extends to as high as 1.6101. Further rise to test 1.6259 resistance would likely be seen, a break above this level will signal resumption of the uptrend from 1.4813 (Jul 9...
By Elliott Wave International Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures trader education service and is one of our most popular instructors. Today, Jeffrey shares a video lesson about trading one of...
AUDUSD Analysis. AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 0.9756, the rise from 0.9269 could be treated as consolidation of the downtrend. As long as the trend line resistance...
EURUSD Analysis. EURUSD is facing the resistance of the downward trend line on 4-hour chart, a clear break above the trend line will suggest that the downtrend from 1.3832 had completed at 1.3296 already, then the following...
EURUSD Analysis. EURUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.3832, the rise from 1.3296 could be treated as consolidation of the downtrend. Key resistance is now at 1.3450, as...
By Elliott Wave International Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures educational service and is one of our most popular instructors. Jeffrey’s primary analytical method is the Elliott Wave Principle, but he...
