EURUSD Analysis. EURUSD breaks above the resistance of the upper line of the price channel on 4-hour chart, suggesting that the downtrend from 1.3201 had completed at 1.2955 already. Further rise to test 1.3201 resistance could be...
EURUSD Analysis. EURUSD is facing 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 fall from 1.3201 had completed at 1.2955 already,...
On Tuesday afternoon (April 23), Robert Prechter, a famed market technician known for calling the roaring bull market of the ’80s, the 1987 crash and the March 2009 stock market low, published an urgent new issue of...
EURUSD Analysis. EURUSD stays within a downward price channel on 4-hour chart, and remains in downtrend from 1.3201. Resistance is at the upper line of the channel, as long as the channel resistance holds, the downward movement...
By Elliott Wave International "There are many different forms of technical analysis. A completed Elliott wave pattern supported by additional evidence allows for more confident forecasts and higher probability trades." -Jeffrey Kennedy
EURUSD Analysis. EURUSD’s downward movement from 1.3201 extends to as low as 1.2955. Resistance is now at the upper line of the price channel on 4-hour chart, as long as the channel resistance holds, the downtrend from...
GBPUSD Analysis. GBPUSD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line support will suggest that the upward movement from 1.4831 had completed at 1.5411 already, then...
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USDCAD Analysis. USDCAD moves sideways in a range between 1.0203 and 1.0293. Key support is at 1.0203, as long as this level holds, the price action in the trading range could be treated as consolidation of the...
USDCAD Analysis. USDCAD remains in uptrend from 1.0083, the fall from 1.0293 is treated as consolidation of the uptrend. Support is at 1.0200, as long as this level holds, another rise to test 1.0341 resistance is still...