EURUSD Analysis. EURUSD’s bearish movement from 1.3785 extended to as low as 1.3064 level. Downtrend is expected to continue in a coup0le of days and next target would be at 1.2900 area. Resistance is at 1.3250, only...
USDCHF Analysis. USDCHF remains in uptrend from 0.9548 and the rise extended to as high as 1.0053 level. Key support is at 0.9848, as long as this level holds, uptrend is expected to continue and another rise...
EURUSD Analysis. EURUSD remains in downtrend from 1.3785. Resistance is at 1.3420, as long as this level holds, downtrend is expected to continue and next target would be at 1.3100 area. Only break above 1.3420 will indicate...
By Elliott Wave International This November, the whole world tuned in as the greater part of the U.S.A.’s 50 states turned red — and no, I don’t mean the political shift to a republican majority during the...
By Elliott Wave International This is Part III, the final part of our series "Robert Prechter Explains The Fed." (Here are Part I and Part II.)
USDJPY Analysis. USDJPY’s fall from 83.84 can reach 82.78 only, the subsequent bounce has brought price to a trading range between 82.78 and 83.84. Now the price action in the range is more likely consolidation of uptrend...
By Elliott Wave International The "moving average" is a technical indicator which has stood the test of time. Nearly 25 years ago, Robert Prechter described this indicator in his famous essay, "What a Trader Really Needs to...
AUDUSD Analysis. AUDUSD broke below 0.9724 support, suggesting that the downtrend from 1.0182 has resumed. Deeper decline towards 0.9651 key support could be seen later today, a breakdown below this level will indicate that the longer term...
By Elliott Wave International This is Part II of our three-part series "Robert Prechter Explains The Fed." You can read Part I here — and come back later this week for Part III.
GBPUSD Analysis. GBPUSD stays below a down trend line from 1.6298 to 1.6182 and remains in downtrend from 1.6298. As long as 1.6093 key resistance holds, downtrend is expected to continue and another fall towards 1.5649 is...
