EURUSD Analysis. EURUSD remains in uptrend from 1.3105, the price action from 1.3568 could be treated as consolidation of the uptrend. Support is now located at the lower line of the price channel on 4-hour chart, as...
By Elliott Wave International A famous quote attributed to Archimedes, the ancient Greek mathematician, is: "Give me a place to stand and with a lever I will move the whole world." And, as you probably know, leverage...
By Elliott Wave International Jeffrey Kennedy, editor of our educational Elliott Wave Junctures service, tells us that there are three phases of a trader’s education, and that aspiring traders typically go through them in this order:
USDCHF Analysis. USDCHF’s downward movement from 0.9455 extends to as low as 0.8967. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected...
AUDUSD Analysis. AUDUSD stays in a trading range between 0.9280 and 0.9526. As long as 0.9280 support holds, the price action in the range could be treated as consolidation of the uptrend from 0.8892, one more rise...
EURUSD Analysis. After breaking above 1.3568 resistance, EURUSD pulls back from 1.3587, suggesting that lengthier consolidation of the uptrend from 1.3105 is underway. Range trading between 1.3462 and 1.3587 would likely be seen in a couple of...
EURUSD Analysis. EURUSD continues its sideways movement in a range between 1.3462 and 1.3568. As long as 1.3462 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.3105, one...
USDCHF Analysis. USDCHF’s downward movement from 0.9455 extends to as low as 0.9021. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected...
By Elliott Wave International The last thing on the minds of most people is deflation. It’s easy enough to determine that with a quick quiz — and that quiz is found in the just-published Elliott Wave Theorist.
AUDUSD Analysis. AUDUSD’s fall from 0.9526 extends to as low as 0.9332. Deeper decline to test 0.9300 support is possible, as long as this level holds, the fall could be treated as consolidation of the uptrend from...
