USDCHF Analysis. USDCHF continues its upward movement from 1.0923 and the rise extends to as high as 1.1620 level. As long as the trend line support holds, further rally is still possible and next target would be...
USDCAD Analysis. After breaking above 1.0735 previous high, USDCAD pulled back from 1.0749, suggesting that a cycle top is being formed on 4-hour chart. Sideways movement would more likely be seen in a couple of days. Support...
By Elliott Wave International As the world’s leading stock markets continue to play stomach-hockey with investors via one triple-digit turn after another, the mainstream community takes solace in this core belief: No matter how uncertain things become,...
European Debt: Market moves around the world can impact your portfolio. So whether you know it or not, you probably have a stake in Europe’s financial future. You must read this explosive new free report from our...
EURUSD Analysis. EURUSD breaks above 1.0244 resistance, suggesting that a cycle bottom has been formed at 1.2144 level on 4-hour chart. Range trading between 1.2144 and 1.2710 would more likely be seen in next several days. As...
USDCAD Analysis. USDCAD stays above a rising line from 1.0110 to 1.0246 and remains in uptrend. Further rally is still possible later today and target would be at 1.0575 area. Support is at the rising trend line...
By Elliott Wave International You know what a mystery the Dow’s 1,000-point drop on May 6 has been. Wall Street is looking for a smoking gun — a trader’s mistake, a computer glitch — but nothing definite...
EURUSD Analysis. EURUSD’s bearish movement extends further to as low as 1.2144 level. Deeper decline is still possible later today and next target would be at 1.2000 area. Resistance is at the falling trend line from 1.3093...
USDCHF Analysis. USDCHF remains in uptrend from 1.0923 and the pullback from 1.1445 is treated as consolidation of uptrend. Range trading between 1.1250 and 1.1445 is expected in a couple of days. Support is at 1.1250, as...
AUDUSD Analysis. AUDUSD drops sharply to as low as 0.8731 and is testing 0.8715 key support, a breakdown below this level will indicate that the downtrend from 0.9381 has resumed, then deeper decline could be seen to...
