Do you pride yourself on making evidence-based investment decisions? Great! So do our friends at Elliott Wave International. In fact, their Head of Global Research, Murray Gunn, recorded a compelling 2-minute video that you need to see. Murray...
The WTI crude oil futures contract has broken out above the resistance of the falling price channel visible on its 4-hour chart. Following the bullish breakout, the commodity is now facing a key test at the 80.04...
The USDJPY currency pair has broken out above the key 156.79 resistance level, extending its impressive upside move that originated from the 151.86 low. The rally has carried the pair as high as 157.37 in recent trading...
The GBPUSD currency pair has broken out above the 1.2761 resistance level, extending its impressive upside move that originated from the 1.2299 low. The rally has carried the pair as high as 1.2780 in recent trading sessions,...
The EURUSD currency pair has broken out above the resistance of the falling price channel visible on the 4-hour chart. This technical breakout suggests that the recent pullback from the 1.0894 high has likely completed at the...
By Elliott Wave International Another bank failure, another underperforming share price. Philadelphia-based Republic First Bank was closed down on Friday, April 26, and the assets were sold to Fulton Bank. Republic First becomes the first bank failure...
The AUDUSD currency pair’s pullback from the 0.6713 high has extended to as low as 0.6607, breaking below the support of the rising price channel visible on the 4-hour chart. This technical breakdown suggests that the recent...
The EURUSD currency pair’s pullback from the 1.0894 high has extended to as low as 1.0817, facing the support of the rising price channel visible on the 4-hour chart. This area will likely determine the pair’s near-term...
The WTI crude oil futures contract remains confined within a falling price channel visible on the 4-hour chart, staying in the broader downtrend that originated from the 87.07 high. Consolidation Within Downtrend As long as the price...
The USDCHF currency pair has broken out above the key 0.9101 resistance level in recent trading sessions. This bullish breakout has opened the door for a potential continuation of the pair’s upside move. Further Gains Likely After...