USDCAD Analysis. USDCAD remains in downtrend from 0.9970, the rise from 0.9815 is treated as consolidation of the uptrend. Resistance is at 0.9885, as long as this level holds, the downtrend could be expected to resume, and...
USDJPY Analysis. USDJPY broke below the lower line of the price channel on 4-hour chart, and is now in consolidation of the uptrend from 82.11. Range trading between 86.82 and 89.67 would likely be seen in a...
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USDJPY Analysis. USDJPY breaks below the lower line of the price channel on 4-hour chart, suggesting that a cycle top has been formed on 4-hour chart. Deeper decline would likely be seen and next target would be...
By Elliott Wave International If you trade with Elliott wave analysis, your trading decisions are all about the difference between where the market is vs. where it will be. According to Jeffrey Kennedy, editor of our Elliott...
EURUSD Analysis. EURUSD remains in uptrend from 1.2998, and the rise extends to as high as 1.3403. Further rise could be expected and next target would be at 1.3500 area. Support is at 1.3300, as long as...
USDCHF Analysis. USDCHF’s fall from 0.9302 extends to as low as 0.9110. Deeper decline to test 0.9083 support would likely be seen, a breakdown below this level could signal resumption of the downtrend from 0.9511, then next...
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EURUSD Analysis. EURUSD bounces strongly to as high as 1.3279, and is now facing 1.3308 previous high resistance, a break above this level will signal resumption of the longer term uptrend from 1.2661, then next target would...
USDJPY Analysis. USDJPY is facing 88.40 previous high resistance, a break above this level will signal resumption of the uptrend from 82.11, then next target would be at 90.00 area. Initial support is at the lower line...
