USDJPY Analysis. USDJPY stays below a downward trend line on 4-hour chart, and remains in downtrend from 101.53, the rise from 95.81 could be treated as consolidation of the downtrend. Another fall to 95.00 to complete the...
USDJPY Analysis. USDJPY failed to break above the resistance of the downward trend line on 4-hour chart, and pulled back from 98.64, suggesting that the pair remains in downtrend from 101.53. Further decline would likely be seen,...
USDJPY Analysis. Being contained by the resistance of the downward trend line on 4-hour chart, USDJPY pulls back from 98.64. The fall from 98.64 would possibly be resumption of the downtrend from 101.53. Further decline would likely...
AUDUSD Analysis. AUDUSD is forming a sideways consolidation in a range between 0.8847 and 0.9317. Another fall to test 0.8847 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from...
Gold and silver have been THE financial news in recent weeks. The coverage began during mid-April’s three-day price decline, but the real precious metals story goes back further than that. Since 2011, gold and silver have declined...
USDJPY Analysis. USDJPY’s rise from 95.81 extends to as high as 98.34. Further rise to test the resistance of the downward trend line would likely be seen, as long as the trend line resistance holds, the rise...
USDCHF Analysis. USDCHF remains in downtrend from 0.9751, the rise from 0.9174 could be treated as consolidation of the downtrend. Resistance is at the upper line of the downward price channel on 4-hour chart, as long as...
AUDUSD Analysis. AUDUSD continues its upward movement from 0.8847, and the rise extends to as high as 0.9213. Further rise to test 0.9317 key resistance is possible, as long as this level holds, the rise could be...
By Elliott Wave International If you’re like many traders and investors, you may not be particularly familiar with price charts. Sure, you see them flash onscreen as financial media announce market moves — but you likely pay...
If you aim to spot high-confidence trading and investing opportunities, you may know that technical analysis — forecasting market trends via the analysis of price charts and data — can give you an edge.
