USDCHF Analysis. USDCHF stays below a downtrend line on 4-hour chart, and remains in downtrend from 0.9082. As long as the trend line resistance holds, downtrend could be expected to continue, and next target would be at...
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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.)
USDCHF Analysis. USDCHF remains in downtrend from 0.9082, and the fall extended to as low as 0.8572. Further fall could be seen after a minor consolidation, and next target would be at 0.8400 area. Key resistance is...
AUDUSD Analysis. AUDUSD remains in uptrend, the fall from 1.0500 is treated as consolidation of uptrend. Support is now at the lower border of the price channel on 4-hour chart, as long as the channel support holds,...
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USDJPY Analysis. USDJPY’s downward movement from 77.48 extended further to as low as 75.74. Key resistance is at 76.47, as long as this level holds, downtrend could be expected to continue, and next target would be at...
USDJPY Analysis. After breaking below 75.96 previous low, USDJPY bounced from 75.81. Key resistance is now at 76.47, as long as this level holds, the bounce is treated as consolidation of downtrend from 77.48, another fall towards...
EURUSD Analysis. EURUSD stays in a trading range between 1.3653 and 1.3914. As long as 1.3653 support holds, the price action in the range is treated as consolidation of uptrend from 1.3146, and one more rise to...
By Elliott Wave International To a first-time observer, watching a technical analyst spot a major trend change in a financial market before it occurs can seem as mystical as pulling a rabbit out of hat. But once...
