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AUDUSD Analysis. After a minor consolidation, AUDUSD continues its upward movement from 1.0167 and the rise extends to as high as 1.0577. Further rise to test 1.0612 previous high resistance could be expected, a break above this...
AUDUSD Analysis. AUDUSD remains in uptrend from 1.0167, and the rise extends to as high as 1.0505. Support is now located at the lower line of the price channel on 4-hour chart, as long as the channel...
By Elliott Wave International What advantages does the Wave Principle offer to traders? Here’s one of the big advantages of using the Wave Principle when trading: you can increase your understanding of how current price action relates...
One of the most difficult aspects of trading is emotional control — the ability to keep yourself from sabotaging your trading plan. Unfortunately, there is so much information available to you that your decision-making can be easily...
EURUSD Analysis. EURUSD continues its upward movement from 1.2241 and reaches as high as 1.2871. Further rise could be expected after a minor consolidation, and next target would be at 1.3000. Initial support is at 1.2750, and...
GBPUSD Analysis. GBPUSD remains in uptrend from 1.5490, the fall from 1.6033 is likely consolidation of the uptrend. Range trading between 1.5930 and 1.6033 is possible in a couple of days. Key support is at the upward...
GBPUSD Analysis. GBPUSD continues its upward movement from 1.5490, and the rise extends to as high as 1.6033. Further rise could be expected after a minor consolidation, and next target would be at 1.6100 area. Key support...
By Elliott Wave International Anyone who enjoys eating fruit knows there’s a fine line between ripe and over-ripe. If it sits in the fruit bowl too long, over-ripe turns rotten. As experienced investors know, the stock market...
USDCHF Analysis. USDCHF stays in a trading range between 0.9503 and 0.9634, the price action in the range is treated as consolidation of the downtrend from 0.9809. Another fall could be expected after consolidation, and next target...