Face the facts — investing isn’t easy. If it was, everyone would be successful. Successful investing takes hard work and discipline. Famed financial analyst Robert Prechter has identified the 6 critical rules successful investors follow. Learning the...
AUDUSD Analysis. AUDUSD’s fall from 0.9381 extended to as low as 0.9020. Deeper decline to test 0.9001 is still possible later today, a breakdown below this level will indicate that the uptrend from 0.8577 has completed at...
USDCAD Analysis. USDCAD breaks above 1.0215 resistance. Further rise is still possible to test 1.0302 key resistance later today, a break above this level will indicate that the downtrend from 1.0779 (Feb 5 high) has completed at...
USDCAD Analysis. USDCAD moved sideways in a range between 0.9930 and 1.0215. The price action in the range is treated as consolidation of longer term downtrend from 1.0779 (Feb 5 high). As long as 1.0302 key resistance...
AUDUSD Analysis. AUDUSD’s bounce from 0.9134 extended to 0.9325 only and the subsequent fall suggests lengthier consolidation of uptrend from 0.8577 (Feb 5 low) is underway. Sideways movement in a range between 0.9134 and 0.9381 would more...
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AUDUSD Analysis. AUDUSD breaks above the upper border of the falling price channel, suggesting that a cycle bottom has been formed at 0.9134 level on 4-hour chart, and the fall form 0.9381 has completed. Now the bounce...
By Editorial Staff In 2002, Elliott Wave International’s president Robert Prechter published his New York Times and Wall Street Journal business best-seller Conquer the Crash, a prescient book that explained why a financial crisis was inevitable and...
GBPUSD Analysis. GBPUSD broke below 1.5191 key support, suggesting that a cycle top has been formed at 1.5497 level on 4-hour chart, and the bounce from 1.4798 has completed at 1.5522 already. Deeper decline is expected later...
USDCAD Analysis. USDCAD bounces sharply to the upper boundary of the falling price channel on 4-hour chart. Further rally to test 1.0215 key resistance is still possible later today, a break above this level will indicate that...