By Elliott Wave International You can find low-risk, high-confidence trading opportunities by trading with the trend. The trick is to find the end of market corrections, so you can position yourself for the next move in the...
USDJPY Analysis. After touching 79.14 key support, USDJPY rebounds strongly, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise to test 80.09 resistance would likely be seen, a break above this level will...
By Elliott Wave International Jeffrey Kennedy has more than 20 years of experience as an Elliottician and trader. As editor of our new Elliott Wave Junctures service, he helps traders and investors improve their trading skills —...
By Elliott Wave International Understanding the Wave principle doesn’t have to be hard. In fact, as you’ll see in this 5-minute clip, learning from EWI’s Chief Currency Strategist Jim Martens can be downright entertaining.
EURUSD Analysis. EURUSD continues its downward movement from 1.2692, and the fall extends to as low as 1.2235. Resistance is now at 1.2335, as long as this level holds, downtrend could be expected continue, and further decline...
AUDUSD Analysis. AUDUSD has formed a cycle top at 1.0328 on 4-hour chart. Further decline towards the lower line of the price channel would likely be seen. As long as the channel support holds, the price action...
AUDUSD Analysis. AUDUSD breaks below 1.0240 support, suggesting that a cycle top has been formed at 1.0328 on 4-hour chart. Further decline would likely be seen over the next several days, and the target would be at...
AUDUSD Analysis. AUDUSD’s upward movement extends to as high as 1.0328. Support is now at 1.0240, a breakdown below this level will indicate that a cycle top has been formed on 4-hour chart, then consolidation of the...
USDCHF Analysis. USDCHF is forming a sideways consolidation in a range between 0.9421 and 0.9769. Lengthier consolidation in the range would likely be seen over the next several days. Key support is at 0.9463, a breakdown below...
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