USDJPY Analysis. USDJPY remains in downtrend from 83.20, and the bounce from 81.31 is treated as consolidation of downtrend. Resistance is at 81.85, as long as this level holds, downtrend could be expected to continue and next...
By Elliott Wave International Technical analysis of financial markets does not have to be complicated. Here are EWI, our main focus is on Elliott wave patterns in market charts, but we also employ other tools — like...
GBPUSD Analysis. GBPUSD’s upward movement from 1.5751 extended to as high as 1.6162 level. Initial support is at 1.6075, as long as this level holds, uptrend could be expected to continue and next target would be at...
AUDUSD Analysis. AUDUSD continued its sideways movement in a range between 0.9803 and 1.0076. Lengthier consolidation in the range is still possible in a couple of days. Key support is at 0.9832, a breakdown below this level...
