By Elliott Wave International Picture this. It’s late May. You’re in Australia. You have an interest in the currency markets: Maybe you speculate in forex; maybe your business depends on the exchange rates. Every morning, you scan...
By Elliott Wave International About once a week, the editor of EWI’s forex-focused Currency Specialty Service Jim Martens records a video for his subscribers.
USDCHF Analysis. USDCHF is in consolidation of the uptrend from 0.9421. Key support is at the upward price channel on 4-hour chart, as long as the channel support holds, we’d expect uptrend to resume, and another rise...
USDCHF Analysis. USDCHF stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9421, the fall from 0.9872 is treated as consolidation of the uptrend. Further decline to test the support of the...
Exclusive invitation for active FX traders Our friends at Elliott Wave International have invited you to a free webinar with one of the most sought-after FX trading strategists in the world. On Wednesday, July 18 at 1...
USDJPY Analysis. Being contained by 78.61 support, USDJPY rebounds from 78.68, suggesting that a cycle bottom is being formed on 4-hour chart. Further rally could be expected, and the target would be at 78.50 area. However, the...
By Elliott Wave International Can an investor ever know enough about financial markets to make a truly informed decision? Even professionals must cope with imperfect knowledge, and the constant uncertainty that comes with it. That’s why every...
GBPUSD Analysis. GBPUSD is facing the resistance of the downward trend line from 1.5776 to 1.5721. As long as the trend line resistance holds, we’d expect the downtrend to resume, and another fall towards 1.5000 is still...
AUDUSD Analysis. Being supported by the lower line of the price channel on 4-hour chart, AUDUSD rebounds from 1.0100, suggesting that a cycle bottom has been formed. Now the bounce would possibly be resumption of the longer...
AUDUSD Analysis. AUDUSD is facing the support of the lower border of the price channel on 4-hour chart. As long as the channel support holds, the price action from 1.0223 is treated as consolidation of the uptrend...
