AUDUSD Analysis. AUDUSD remains in downtrend from 0.9756, and the fall extends to as low as 0.9441. Resistance is at 0.9565, as long as this level holds, the downtrend could be expected to continue, and next target...
GBPUSD Analysis. GBPUSD stays in a trading range between 1.5894 and 1.6259. As long as 1.5894 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.4813 (Jul 9 low),...
Ever heard of a wedding crasher? You know — that distant “cousin” who shows up uninvited, hangs around the open bar all night, chugs down double-everythings and falls on his butt on the dance floor — all...
By Elliott Wave International In this video clip from Steve Hochberg’s "Don’t Get Caught Holding the Bag" presentation, recorded at the San Francisco MoneyShow, Elliott Wave International’s Chief Market Analyst addresses a popular question we get at...
USDJPY Analysis. USDJPY is facing the resistance of the downward trend line on 4-hour chart. A clear break above the trend line resistance will indicate that the downtrend from 99.00 had completed at 96.94 already, then another...
USDCHF Analysis. USDCHF stays within a downward price channel on 4-hour chart, and remains in downtrend from 0.9177. Initial resistance is at the upper line of the channel, as long as the channel resistance holds, the downtrend...
By Elliott Wave International The Federal Reserve’s efforts to rescue the economy have been historically aggressive, starting with the initial round of quantitative easing in 2008 and continuing through 2013.
By Elliott Wave International Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures trader education service and one of our most popular instructors. Jeffrey’s primary analytical method is the Elliott Wave Principle, but he...
USDJPY Analysis. USDJPY’s fall from 99.00 extends to as low as 97.15. Resistance is now located at the downward trend line on 4-hour chart, as long as the trend line resistance holds, the short term downtrend from...
AUDUSD Analysis. AUDUSD breaks below the upward trend line on 4-hour chart, suggesting that consolidation of the uptrend from 0.9280 is underway. Deeper decline is still possible and the target would be at 0.9550 area. As long...
