EURUSD Analysis. Being contained by 1.3497 resistance, EURUSD pulled back from 1.3456, suggesting that a cycle top is being formed on 4-hour chart. Range trading between 1.3200 and 1.3456 is expected in a couple of days. However,...
EURUSD Analysis. EURUSD’s upward move from 1.2874 extended to as high as 1.3456 last week. Support is at 1.3300, as long as this level holds, one more rise to test 1.3497 resistance is still possible, a break...
By Elliott Wave International Despite so much focus on the policies of the Fed, its operations remain somewhat of a mystery to most investors — in no smaller measure, due to their complexity. So, we put together...
EURUSD Analysis. EURUSD bounced strongly to as high as 1.3383 level. The price action from 1.2969 (Nov 30, 2010 low) is likely consolidation of longer term downtrend from 1.4281 (Nov 4, 2010 high). Further rise towards 1.3497...
USDCHF Analysis. USDCHF may be forming a cycle top at 0.9783 level on 4-hour chart. Key support is at 0.9604, a breakdown below this level will confirm the cycle top and indicate that the rise from 0.9300...
AUDUSD Analysis. AUDUSD continues its downward movement from 1.0255 and the fall extended to as low as 0.9803 level. Deeper decline is still possible in a couple of days and next target would be at 0.9700-0.9750 area....
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0255 and the fall extends to as low as 0.9856 level. Deeper decline is still possible in a couple of days and next target would be at 0.9700-0.9750 area. Resistance...
EURUSD Analysis. EURUSD’s downward movement extends to as low as 1.2885 level. Deeper decline is still possible later today and next target would be at 1.2750 area. Initial resistance is at 1.3025, only break above this level...
By Elliott Wave International Since the time of buttonwood trees, Wall Street has had its own version of the Ten Commandments — the cornerstone principles of conventional economic wisdom. The first of these writ-in-stone notions is the...
You’ve no doubt heard the old mantras: “stocks for the long haul,” “diversify,” “buy and hold.” Investment gurus worldwide repeat them daily. But are these strategies really wise for ALL markets? Can advice that sounds so simple...
