AUDUSD Analysis. AUDUSD broke below the uptrend line on 4-hour chart, suggesting that a cycle top is being formed. Deeper decline would likely be seen in a couple of days, and target would be at 0.9900 zone....
AUDUSD Analysis. AUDUSD stays above a uptrend line on 4-hour chart, and remains in uptrend from 0.9390, and the rise has extended to as high as 1.0344. As long as the trend line support holds, uptrend could...
By Elliott Wave International Suppose you see a lovely house — one with great curb appeal. It has new paint and manicured shrubbery out front.
By Elliott Wave International The ongoing economic problems have made the central bank’s decisions — interest rates, quantitative easing, monetary stimulus, etc. — a permanent fixture on six-o’clock news.
EURUSD Analysis. EURUSD remains in uptrend from 1.3146, the pullback from 1.3833 is treated as consolidation of uptrend. Support is now at 1.3650, as long as this level holds, uptrend could be expected to resume, and another...
USDCHF Analysis. USDCHF broke below the price channel on 4-hour chart, and is now facing the support of 0.8917, as long as this level holds, the fall from 0.9314 is treated as consolidation of uptrend from 0.7711,...
USDCHF Analysis. Being supported by the lower border of the price channel on 4-hour chart, USDCHF rebounded from 0.9002, suggesting that a cycle bottom is being formed. Further rally would likely be seen later today, and a...
AUDUSD Analysis. AUDUSD’s upward move from 0.9390 extended to as high as 1.0014. Support is now at 0.9850 followed by 0.9800, as long as these levels hold, uptrend could be expected to continue, and next target would...
EURUSD Analysis. Being contained by the resistance of the downtrend line on 4-hour chart, EURUSD pulled back from 1.3524, suggesting that a cycle top is being formed. Now the fall from 1.3524 would possibly be resumption of...
By Elliott Wave International The Fibonacci ratio can be an invaluable tool for calculating price retracements and projections in your analysis and trading. This excerpt from The Best Technical Indicators for Successful Trading explains the origins of...
