GBPUSD Analysis. GBPUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.6339, and the fall extends to as low as 1.5630. Further decline is still possible, and next target would be...
EURUSD Analysis. EURUSD has formed a cycle top at 1.3711 on 4-hour chart. Range trading between 1.3430 and 1.3711 would likely be seen in a couple of days. Support is at 1.3430, as long as this level...
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0597, the price action in the trading range between 1.0360 and 1.0475 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be...
By Elliott Wave International When do investors love stocks the most? The simple answer is: After a long-term bullish trend has matured.
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GBPUSD Analysis. GBPUSD’s rise from 1.5674 extends to as high as 1.5875. The pair is now facing 1.5900 key resistance, a break above this level will indicate that the downtrend from 1.6339 has completed, then another rise...
