EURUSD Analysis. EURUSD runs in a rising price channel on 4-hour chart and continue its upward trend from 1.4484. Further rally is still in favor and next target would be at 1.5100 zone. Support is now at...
Only you can answer the first question; we’ve written this letter to help you with the second. Gold bugs have long touted the yellow metal’s time-tested store of value. But, contrary to popular opinion, gold isn’t always...
USDJPY Analysis. USDJPY stays above a rising trend line from 88.01 to 88.83 and remains in uptrend. Range trading between 90.07 and 91.31 is expected later today. Key resistance is at 91.31, a break above this level...
USDJPY Analysis. USDJPY is in uptrend from 88.01, the fall from 91.31 is treated as consolidation of uptrend. Trading in a range between 90.00 and 91.31 is expected later today and pullback to the rising trend line...
EURUSD Analysis. EURUSD breaks below the rising support trend line on 4-hour chart, suggesting lengthier consolidation of uptrend from 1.4484 is underway. Range trading between 1.4780 and 1.4966 is expected to follow, and a short term cycle...
USDCAD Analysis. USDCAD rebounded from 1.0206, suggesting that a short term cycle bottom is being formed on 4-hour chart. Range trading between 1.0206 and 1.0450 is expected in next several days. However, the rise from 1.0206 is...
By Susan Walker As was widely reported in the dark days of late February and early March 2009, Robert Prechter called for the start of the biggest stock market rally since the 2007 high. Since then, the...
USDJPY Analysis. USDJPY formed a short term cycle top at 90.45 level on 4-hour chart. Range trading between 88.83 and 90.45 is possible later today. However, the price action from 90.45 is more likely consolidation of uptrend...
Mark Hulbert’s Sept. 11, 2009, column for MarketWatch.com says, Robert Prechter “came the closest … to forecasting what was about to take place.” One thing the noted financial columnist left out was that many of Prechter’s forecasts...
AUDUSD Analysis. AUDUSD remains in uptrend from 0.8567 and the fall from 0.9125 is more likely consolidation of uptrend. Range trading between 0.8984 and 0.9125 is expected later today. As long as 0.8984 key support holds, we...
