GBPUSD Analysis. GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.5818. As long as the trend line support holds, uptrend could be expected to continue, and next target would be...
By Elliott Wave International Four years after we brushed up against "financial Armageddon," did you think you’d be reading this?
By Elliott Wave International Make no mistake: The stakes for financial and economic survival in Europe are high. Seemingly everyone — from investment bloggers to financial television hosts — has something to say about the European debt...
EURUSD Analysis. EURUSD stays within a upward price channel on 4-hour chart, and remains in uptrend from 1.2995, the fall from 1.3262 is treated as consolidation of the uptrend. As long as the channel support holds, uptrend...
AUDUSD Analysis. Being contained by 1.0225 support, AUDUSD rebounded from 1.0246, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise to test 1.0463 key resistance would likely be seen, a break above this...
By Elliott Wave International It’s been over two years since the European Central Bank began its open-heart surgery of the eurozone’s anemic economy. So far, the procedure has included an unprecedented $3 trillion-plus in bailouts, monetary transfusions,...
USDJPY Analysis. USDJPY stays in a downward price channel on 4-hour chart, and remains in downtrend from 84.17, the price action from 80.31 is likely consolidation of the downtrend.. Now the fall from 81.77 would possibly be...
USDJPY Analysis. Being contained by the upper border of the price channel on 4-hour chart, USDJPY pulls back from 81.77, suggesting that a cycle top is being formed. Deeper decline to test 80.31 previous low support would...
USDJPY Analysis. USDJPY is testing the resistance of the upper line of the price channel on 4-hour chart. A clear break above the channel resistance will indicate that the downward movement from 84.17 has completed at 80.81...
By Elliott Wave International In the play "The Secret to Freedom," Pulitzer prize writer Archibald MacLeish had a character say this: The only thing about a man that is a man is his mind. Everything else you...
