USDCHF Analysis. USDCHF continued its upward movement from 0.8569 and the rise extended to as high as 0.9112. Support remains at the uptrend line on 4-hour chart, as long as the trend line support holds, uptrend could...
By Elliott Wave International Don’t blame Martin Van Buren for America’s first deflationary depression. Social mood rode higher in the saddle than did our 8th President, who only stood 5′ 6".
USDCHF Analysis. USDCHF stays above a rising trend line on 4-hour chart, and remains in uptrend from 0.8569. As long as the trend line support holds, uptrend could be expected to continue, and next target would be...
USDCHF Analysis. USDCHF broke above 0.8958 resistance, suggesting that the uptrend from 0.8569 had resumed. Further rise is still possible in a couple of days, and target would be at 0.9150-0.9200 area. Support is now at the...
EURUSD Analysis. EURUSD had formed a cycle bottom at 1.3609 on 4-hour chart. Further rally is still possible in a couple of days, and target would be at 1.3950-1.4000 area. However, the rise is treated as consolidation...
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By Elliott Wave International Four times a year, investors and Wall Street watch the quarterly corporate earnings reports, trying to anticipate the trend in stocks. Another earnings season is upon us right now, so read this excerpt...
GBPUSD Analysis. GBPUSD’s fall from 1.6164 can reach 1.5877 only, the subsequent rise would possibly be resumption of uptrend from 1.5272. Further rise to test 1.6164 key resistance is expected later today, a break above this level...
USDCAD Analysis. Being contained by 1.0265 resistance, USDCAD pulled back from 1.0222. However, the fall is treated as consolidation of uptrend from 0.9891, another rise towards 1.0400 is still possible after consolidation. Support is at 1.0100, only...
By Elliott Wave International If you are interested in Elliott wave analysis, odds are that you have also heard of Dow Theory, whose best and longest-lived proponent is Richard Russell. (Best wishes to Richard as he recovers...
