USDCHF’s recent price action presents an interesting technical situation. This analysis examines the trend and explores potential scenarios for the currency pair. USDCHF Above Rising Trend Line: Upside Potential After Consolidation? Downtrend Scenario: Overall Sentiment: The technical...
EURUSD has been stuck in a holding pattern, neither gaining nor losing significant ground. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD in a Trading Range: Upside Potential or False...
By Elliott Wave International Recent headlines about the U.S. economy are rosy: It’s all well and good to announce positive economic news. Yet, consumers of such news may not be getting the full story. In other words,...
USDJPY’s recent price action suggests a shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Breaks Trend Line Support: Range-Bound Trading Expected: Uptrend Resumption or Reversal? Overall Sentiment:...
USDJPY has reached a critical juncture, facing a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Tests Support: Uptrend Consolidation or Correction? Breakdown Scenario: Overall Sentiment: The...
EURUSD has displayed a promising sign, potentially interrupting its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Is This a Trend Reversal or Correction? Support Levels...
The last time our friends at Elliott Wave International ran their State of the Global Markets event, they shared the entire January 2023 issue of their most comprehensive forecasting publication: Global Market Perspective. In that January issue alone, EWI’s analysts...
AUDUSD has displayed renewed weakness, extending its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. AUDUSD Extends Downtrend: Downside Momentum Persists: Signs of a Correction? Upside Scenario if Resistance...
USDJPY has continued its impressive rally, reaching new highs. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Extends Uptrend: Bullish Momentum Likely to Continue: Support Levels to Consider: Uptrend Correction...
EURUSD has exhibited renewed weakness, extending its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Slides Further: Downside Potential Persists: Signs of a Correction? Initial Resistance to Consider:...
