USDCAD Analysis. USDCAD stays in a trading range between 0.9905 and 1.0050. Key resistance is at 1.0050, as long as this level holds, the price action in the range is treated as consolidation of the downtrend from...
USDCHF Analysis. USDCHF remains in downtrend from 0.9300, the rise from 0.8931 is treated as consolidation of the downtrend. Resistance is at 0.9030, as long as this level holds, we’d expect downtrend to resume, and another fall...
USDCAD Analysis. USDCAD is in consolidation of the downtrend from 1.0318. Lengthier sideways movement in a range between 0.9905 and 1.0050 would likely be seen in a couple of days. Key resistance remains at 1.0050, as long...
By Elliott Wave International On February 16, EUR/USD, the euro-dollar exchange rate and the most actively traded forex pair, surged over 170 pips, from below $1.30 to above $1.3150.
USDCAD Analysis. USDCAD moved sideways in a range between 0.9905 and 1.0050 for several days. Key resistance is at 1.0050, as long as this level holds, the price action in the range is treated as consolidation of...
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EURUSD Analysis. EURUSD is facing 1.3320 resistance, a break above this level could trigger another rise to 1.3500 zone. On the downside, as long as 1.3320 resistance holds, the rise from 1.2975 is treated as correction of...
AUDUSD Analysis. AUDUSD is facing the key support of 1.0628, a breakdown below this level will indicate that the uptrend from 0.9861 (Dec 15, 2011 low) has completed at 1.0844 already, then the following downward movement could...
AUDUSD Analysis. AUDUSD continues its sideways movement between 1.0628 and 1.0844. As long as 1.0628 key support holds, the price action in the range is treated as consolidation of the uptrend from 0.9861 (Dec 15, 2011 low),...
USDCAD Analysis. After consolidation, USDCAD breaks below 0.9925 previous low and continues its downward movement from 1.0318. Further decline could be seen in a couple of days, and next target would be at 0.9850 area. Key resistance...
