The EUR/USD pair experienced a mixed trading session on Monday, with some interesting technical developments that could shape its near-term direction. Key Takeaways: Possible Scenarios If the EUR/USD manages to stabilize above 1.0705 today, we could see...
The precious metals market, particularly gold, has been a hot topic in the first half of 2024. Let’s take a closer look at the performance and future prospects of these valuable commodities. First Half Performance Gold and...
The USD/JPY pair closed slightly higher at 160.81 in late trading, after touching a 38-year high of 161.27 earlier in the session. This movement comes on the heels of several key economic indicators released last week. Inflation...
In a surprising move, UK Prime Minister Rishi Sunak has announced that the general election will be held on July 4th, 2023. This marks the first time since 1945 that the UK will hold a general election...
By Mark Galasiewski | Elliott Wave International The U.S. government in early May sanctioned 300 Chinese entities for supplying machine tools and parts to Russia for its war against Ukraine, while in mid-May Russian president Vladimir Putin...
FX, Stocks, Commodities, Cryptos… Learn How to Know When This Key Price Pattern is Over (Video) By Elliott Wave International “12345-ABC.” That’s a basic Elliott wave pattern in a nutshell. That “12345” is a so-called impulse, and...
Elliott waves help you quickly spot the trend, set the risk with precision, etc. Yet sometimes, making heads or tails of a move on a price chart can be a challenge. Our friends at Elliott Wave International...
The GBPUSD currency pair has failed to break below the rising trendline on the 4-hour chart, instead extending its upside move that originated from the 1.2299 low on April 22nd. The rally carried the pair as high...
By Steven Hochberg | Elliott Wave International Conversations about whether or not the Fed will cut interest rates any time soon continue to dominate the airwaves. But we are looking elsewhere for signs about where markets and...
The GBPUSD currency pair has been trading sideways in a range between 1.2671 and 1.2817 for several weeks, with the pair now facing the support of the rising trend line on the 4-hour chart. Consolidation for Uptrend...
