AUDUSD Analysis. AUDUSD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.0378. As long as the channel resistance holds, downtrend could be expected to resume, and another fall towards 0.9663 is...
USDCHF Analysis. USDCHF formed a cycle top at 0.9546 on 4-hour chart. Deeper decline would likely be seen and target would be at the lower border of the price channel. However, the fall from 0.9546 is treated...
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USDCAD Analysis. USDCAD is facing the support of the upward trend line on 4-hour chart, a clear break below the trend line could indicate that a cycle top has been formed at 1.0422 on 4-hour chart, and...
By Elliott Wave International Did European Union leaders make the sovereign debt crisis "go away" last week?
AUDUSD Analysis. AUDUSD continued its downward movement from 1.0378, and the fall extended to as low as 0.9883. Further decline could be seen in a couple of days, and next target would be at 0.9800 area. Resistance...
AUDUSD Analysis. AUDUSD remains in downtrend from 1.0378, and the fall has extended to as low as 0.9979. Further decline could be seen after a minor consolidation and next target would be at 0.9800 area. Resistance is...
USDCHF Analysis. USDCHF broke above 0.9329 resistance, suggesting that the uptrend from 0.8569 has resumed. Further rise could be expected over the next several days, and target would be at 1.0000 area. Support is now at the...
GBPUSD Analysis. GBPUSD traded in a range between 1.5561 and 1.5779 for several days. One more fall to test 1.5423 support is still possible, a breakdown below this level could signal resumption of the downtrend from 1.6164....
By Elliott Wave International Is the bank really the safest place to keep your money? Robert Prechter joins the Mind of Money host Douglass Lodmell to discuss what backs bank deposits and how you can keep your...
