GBPUSD is currently facing resistance at the 1.2709 level. This analysis will delve into the potential implications of a breakout or breakdown from this key level, exploring both upside and downside scenarios for the currency pair. Resistance...
USDCHF has recently encountered resistance at 0.8885, leading to a pullback and continued consolidation. This analysis explores the current situation and potential future scenarios for the currency pair. Uptrend on Hold: Consolidation or Rebound? Key Support: Holding...
USDJPY has displayed some recent volatility, breaking below support before experiencing a rebound. This analysis explores the current situation and potential future scenarios for the currency pair. Reversal or Retest? Uptrend Under Scrutiny Resistance Awaits: Breakout or...
EURUSD has been stuck in a sideways range between 1.0789 and 1.0887, leaving traders uncertain about the pair’s next move. This analysis delves into the technical picture to understand the potential scenarios for EURUSD. Uptrend in Limbo:...
By Elliott Wave International When most everyone agrees on the future trend of a market, it’s almost guaranteed that the market will go in the other direction — sooner rather than later. The reason why is that...
USDCHF is attempting to gain momentum, facing resistance at the 0.8885 level. This analysis explores the potential implications of a breakout or breakdown from this key level, considering both bullish and bearish scenarios. Uptrend in Focus: Can...
AUDUSD remains under pressure, staying below the falling trend line on the 4-hour chart. This technical analysis explores the current situation and potential future scenarios for the currency pair. Downtrend Prevails: Lower Lows Expected? Bullish Signal: Watching...
EURUSD is facing a critical juncture as it approaches the 1.0789 support level once again. This level has acted as a support zone in the past, and its potential breach or hold will have significant implications for...
EURUSD has displayed mixed signals recently, failing to break below the 1.0789 support level and subsequently moving sideways. This article analyzes the situation and explores the potential scenarios for the pair. Uptrend on Hold? Consolidation or Reversal?...
AUDUSD has displayed a bearish signal, breaking below the crucial support level of 0.6521. This breakdown suggests a potential completion of the upside move that began at 0.6442 and peaked at 0.6594. Let’s analyze the situation further...
