USDCHF Analysis. USDCHF’s downward movement from 0.9455 extends to as low as 0.9021. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the downtrend could be expected...
By Elliott Wave International The last thing on the minds of most people is deflation. It’s easy enough to determine that with a quick quiz — and that quiz is found in the just-published Elliott Wave Theorist.
AUDUSD Analysis. AUDUSD’s fall from 0.9526 extends to as low as 0.9332. Deeper decline to test 0.9300 support is possible, as long as this level holds, the fall could be treated as consolidation of the uptrend from...
GBPUSD Analysis. GBPUSD is in consolidation of the uptrend from 1.4813 (July 9 low). Deeper decline to 1.5700 area to complete the consolidation is possible. Key support is at 1.5700, as long as this level holds, the...
Announcing Trader Education Week — A FREE trading event that will teach you how to spot trading opportunities in your charts. Spend October 2-9 getting free trading lessons that you can apply to your trading immediately —...
USDCHF Analysis. USDCHF remains in downtrend from 0.9455, the rise from 0.9084 is likely consolidation of the downtrend. Resistance is located at the downward trend line on 4-hour chart, as long as the trend line resistance holds,...
GBPUSD Analysis. GBPUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 1.5429, and the fall from 1.6162 could be treated as consolidation of the uptrend. Initial support is at the lower...
USDCAD Analysis. USDCAD broke above the downward trend line on 4-hour chart last Friday, suggesting that consolidation of the downtrend from 1.0568 is underway. Range trading between 1.0182 and 1.0350 would likely be seen in a couple...
USDCAD Analysis. USDCAD remains in downtrend from 1.0559, the rise from 1.0182 is treated as consolidation of the downtrend. Initial resistance is at the downward trend line on 4-hour chart, as long as the trend line resistance...
USDCHF Analysis. USDCHF breaks below 0.9147 support, suggesting that the downtrend from 0.9751 (July 9, high) has resumed. Further decline could be expected after a minor consolidation, and next target would be at 0.9050 area. Resistance is...
