EURUSD Analysis. EURUSD breaks below the upward trend line on 4-hour chart. Further decline to test 1.2465 key support would likely be seen, as long as this level holds, the fall from 1.2636 could be treated as...
EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2241. Initial support is at the trend line, as long as the trend line support holds, uptrend could be expected...
By Elliott Wave International On the day when the Fed Chairman Ben Bernanke delivers his much-anticipated speech in Jackson Hole, we want to tell you about an emerging forex opportunity which…
GBPUSD Analysis. GBPUSD stays in a trading range between 1.5753 and 1.5911. The price action in the range is likely consolidation of the uptrend from 1.5490. Support is at 1.5753, as long as this level holds, another...
Jim Martens is the Senior Currency Strategist at Elliott Wave International — the world’s largest market-forecasting firm.