EURUSD Analysis. EURUSD is forming a cycle top at 1.3497 level on 4-hour chart. Deeper decline to test 1.3165 key support is expected later today, a breakdown below this level will confirm the cycle top, then the...
EURUSD Analysis. After breaking above 1.3437 resistance, EURUSD pulled back from 1.3497, suggesting that a cycle top is being formed on 4-hour chart. Now the fall from 1.3497 could possibly be resumption of downtrend, deeper decline to...
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5484 and the rise extended to as high as 1.5896 level. Support is at the uptrend line on 4-hour chart, now at 1.5733, as long as the trend line support...
USDJPY Analysis. USDJPY consolidated below 84.40 previous high resistance and pulled back to as low as 83.45 level. Another rise to test 84.40 is expected later today, a break above this level will indicate that the uptrend...
By Elliott Wave International I spent my childhood discussing the stock market at the dinner table. My dad was a stock broker, and he loved to "tell the story" of the stocks he recommended to customers —...
USDJPY Analysis. Being contained by 84.40 resistance, USDJPY pulled back from 84.30. However, the fall from 84.30 is likely consolidation of uptrend, another rise to re-test 84.40 key resistance is still possible later today, a break above...
EURUSD Analysis. EURUSD formed a cycle top at 1.3437 level on 4-hour chart. Another fall to 1.3050 area is still possible later today. Resistance is at 1.3437, only break above this level could indicate that the downward...
If you have money in mutual funds, Treasury bonds, municipal bonds or high-yield bonds, Robert Prechter has just issued a crystal-clear warning for you: Your money could be at risk.
EURUSD Analysis. EURUSD has formed a cycle top at 1.3437 level on 4-hour chart. Drop towards 1.2969 previous low is expected in a couple of days, a break below this level will indicate that the downtrend from...
EURUSD Analysis. After touching the downtrend line from 1.4281 to 1.3785, EURUSD pulled back from 1.3437, suggesting that a cycle top is being formed on 4-hour chart. Key resistance is now at 1.3437, as long as this...
