The EUR/USD currency pair is currently encountering a significant resistance level within a falling price channel on the 4-hour chart. As traders observe market movements, it’s essential to note that as long as this channel resistance remains...
By Elliott Wave International Deflation’s grip on the world’s second largest economy is getting tighter. As Bloomberg noted on Sept. 9: China’s Deflationary Spiral Is Now Entering Dangerous New Stage The demand for goods has been weakening....
The EUR/USD currency pair has been on a downward trajectory, recently dropping from 1.0936 to a low of 1.0550. This decline has raised some important technical levels to watch. Currently, key resistance is identified at 1.0653. As...
The EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move has extended its decline from a high of 1.0936, with the pair dipping as low as 1.0628....
The EUR/USD currency pair has encountered some challenges recently, failing to break above the resistance level of 1.0831. This resistance has proven to be a significant barrier, and as the market reacts, traders should keep a close...
By Elliott Wave International The Fed’s September lowering of the fed funds rate was greeted with widespread celebration on Wall Street. Yet, history shows that such moves by the Fed don’t always translate into a glowing economy....
After a significant downturn that saw the EURUSD pair plummet from 1.0936 to a low of 1.0682, the currency pair is showing signs of life once again. This recent bounce has caught the attention of forex traders,...
The EURUSD pair has recently experienced a significant shift in momentum, marking an end to its impressive rally from 1.0761 to a peak of 1.0936. This upward move, which had been the focus of much market attention,...
The EURUSD pair has maintained its bullish momentum, pushing higher from its recent low of 1.0761 to touch an impressive 1.0914. This continued upward movement has sparked excitement among forex traders, with many now speculating on the...
The EURUSD pair has demonstrated impressive strength, extending its upward trajectory from the recent low of 1.0761 to reach a new high at 1.0905. This surge has caught the attention of forex traders and analysts alike, signaling...
