GBPUSD has displayed some conflicting technical signals recently. While it dipped below the rising trend line on the 4-hour chart, it failed to breach the crucial 1.2602 support level. This indecisiveness has resulted in sideways movement within...
EURUSD has taken a turn lower, breaking below the rising trend line that had been guiding its recent ascent on the 4-hour chart. This raises concerns about a potential trend reversal, but it’s crucial to analyze the...
USDJPY is currently locked in a trading range between 149.52 and 150.88, unable to break above the key resistance level. This technical analysis explores the potential implications of this price action, considering both bullish and bearish scenarios....
A common question from Elliott wave traders is this… “Should I use arithmetic or log charts for Fibonacci calculations?” Our friends at Elliott Wave International explain using a great, current example in the price chart of Nvidia...
AUDUSD has been caught in a sideways movement between 0.6521 and 0.6594, leaving the near-term direction unclear. This analysis explores the potential implications of this price action, considering both bullish and bearish scenarios. Uptrend on Hold? Consolidation...
GBPUSD remains in an uptrend that began at 1.2535, continuing to trade above the rising trend line on the 4-hour chart. This technical analysis explores the potential scenarios based on the current price action and key support...
USDJPY has been caught in a tug-of-war between bulls and bears, oscillating within a trading range between 149.52 and 150.88. This sideways movement leaves the near-term direction unclear. Let’s analyze the technicals to understand what could unfold...
USDCHF has displayed a potential trend reversal, breaking above the falling trend line on its 4-hour chart. This move suggests the downside movement from 0.8885 might have concluded at 0.8742, paving the way for a potential upside....
EURUSD has taken a sharp turn lower, breaking below the rising trend line that had been guiding its recent ascent on the 4-hour chart. This raises concerns about a potential trend reversal, but it’s crucial to analyze...
By Elliott Wave International A lot of people think that it’s perfectly normal to participate in the stock market — you know, like getting a drink of water or — breathing. We here at Elliott Wave International...
