GBPUSD Analysis. GBPUSD broke above the falling price channel on 4-hour chart, suggesting that a cycle bottom had been formed at 1.5962 level. Further rise towards 1.6277 is expected later today, a break above this level will...
USDCHF Analysis. USDCHF remains in uptrend from 0.9328, the fall from 0.9774 is likely consolidation of uptrend. Initial support is at the lower border of the rising price channel on 4-hour chart, and key support is at...
USDCHF Analysis. USDCHF stays above a rising trend line on 4-hour chart. As long as the trend line support holds, uptrend could be expected to continue and next target would be at 0.9800-0.9850 area. However, a clear...
GBPUSD Analysis. GBPUSD had reached the rising trend line on 4-hour chart. However, the fall from 1.6277 is still treated as consolidation of uptrend from 1.5344 (Dec 28, 2010 low), and rebound from the trend line is...
USDCHF Analysis. USDCHF remains in uptrend from 0.9328, and the pullback from 0.9660 is likely consolidation of uptrend. Support is at 0.9523, as long as this level holds, uptrend could be expected to continue and next target...
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5344 (Dec 28, 2010 low). As long as the trend line support holds, the fall from 1.6277 is treated as consolidation of uptrend, and one more rise to re-test 1.6298...
By Elliott Wave International Talk with an investment advisor, and what’s the first piece of advice you will hear? Diversify your portfolio. The case for diversification is repeated so often that it’s come to be thought of...
GBPUSD Analysis. GBPUSD stays above a rising trend line on 4-hour chart and remains in uptrend from 1.5344 (Dec 28, 2010 low), the fall from 1.6277 treated as consolidation of uptrend. Sideways movement in a range between...
GBPUSD Analysis. GBPUSD failed to break above 1.6298 (Nov 4, 2010 high) resistance and pulled back from 1.6277 last week, suggesting that a cycle top had been formed on 4-hour chart. However, the fall from 1.6277 is...
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