USDJPY Analysis. After touching the upper line of the price channel on 4-hour chart, USDJPY pulls back from 80.18. The fall could possibly be resumption of the downtrend from 84.17 (Mar 15 high), further decline towards 78.00...
USDJPY Analysis. USDJPY is facing the resistance of the upper line of the price channel on 4-hour chart, a clear break above the channel resistance will signal completion of the downtrend from 84.17 (Mar 15 high), then...
GBPUSD Analysis. GBPUSD breaks above the downward trend line on 4-hour chart, suggesting that a cycle bottom is being formed on 4-hour chart. Further rise is still possible later today, and the target would be at 1.6230...
USDJPY Analysis. USDJPY breaks below 79.63 previous low and reaches as low as 79.43, suggesting that a downtrend from 84.17 has resumed. Further decline could be expected in a couple of days, and next target would be...
USDJPY Analysis. USDJPY moves sideways in a narrow range between 79.63 and 80.61. Resistance remains at the upper line of the price channel on 4-hour chart. As long as the channel resistance holds, downtrend could be expected...
USDJPY Analysis. USDJPY stays within a downward price channel on 4-hour chart, and remains in downtrend from 84.17, the bounces from 79.63 could be treated as consolidation of the downtrend. Another fall could be expected after consolidation,...
AUDUSD Analysis. AUDUSD breaks below 1.0225 previous low support and reaches as low as 1.0110, suggesting that the downtrend from 1.0855 (Feb 29 high) has resumed. Further decline could be expected after a minor consolidation, and next...
By Elliott Wave International The stock market: one week it acts like Dr. Jekyll, the next week it’s Mr. Hyde. That shift can even occur in the course of a single session. These dramatic fluctuations appear to...
USDJPY Analysis. USDJPY remains in downtrend from 84.17, the price action from 79.63 is treated as consolidation of the downtrend. Resistance is at the upper line of the price channel on 4-hour chart, as long as the...
USDJPY Analysis. USDJPY stays within a downward price channel on 4-hour chart, and remains in downtrend from 84.17 (Mar 15 high), the rise from 79.63 is treated as consolidation of the downtrend. Another rise to test the...
