EURUSD Analysis. Being contained by 1.3435 support, EURUSD formed a sideways consolidation in a narrow range. The sideways movement is more likely consolidation of downtrend from 1.3817, a breakdown below 1.3435 will indicate that the longer term...
EURUSD Analysis. Being contained by 1.3435 previous low support, EURUSD bounces from 1.3463 level. Sideways movement above 1.3435 is expected before breaking below this level. Resistance is now at 1.3650, only rise above this level could indicate...
EURUSD Analysis. EURUSD broke below the lower border of the price channel on 4-hour chart, suggesting that a cycle top has been formed at 1.3817 level on 4-hour chart and the bounce from 1.3435 has completed. Deeper...
By Editorial Staff You got your brackets filled out before the NCAA Men’s Basketball Tournament’s opening game on Thursday afternoon. Good — now sit back and enjoy the games. But if you’re looking for a good read...
USDCHF Analysis. USDCHF broke above 1.0639 resistance, suggesting that a cycle bottom has been formed at 1.0506 level on 4-hour chart. Sideways movement above 1.0506 is expected in a couple of days. Key resistance is now at...
USDJPY Analysis. USDJPY stays in a trading range between 89.53 and 91.08. Another fall to test 89.63 would more likely be seen later today. As long as this level holds, the price action in the trading range...
Enjoy your 8 free chapters from Prechter’s Conquer the Crash — the book that foresaw what others have missed. By Editorial Staff There is no question that Robert Prechter’s Conquer the Crash foresaw and explained nearly every...
AUDUSD Analysis. AUDUSD stays in a rising price channel on 4-hour chart and remains in uptrend from 0.8801. Further rally is still possible in a couple of days and next target would be at 0.9250-0.9300 area. Support...
By Editorial Staff The following article is adapted from a special report on "Popular Culture and the Stock Market" published by Robert Prechter, founder and CEO of the technical analysis and research firm Elliott Wave International. Although...
EURUSD Analysis. EURUSD’s bounce extended to 1.3795 only. The following pullback suggests that a cycle top is being formed on 4-hour chart. Now the fall from 1.0154 could possibly be resumption of downtrend from 15144 (Nov 25,...
