EURUSD remains trapped beneath a bearish technical picture, raising concerns about further declines. Let’s analyze the key levels and potential scenarios based on current technicals. Downtrend in Play: Key Support Levels to Watch Hope for Consolidation or...
By Elliott Wave International Back in early 2021, the meme stock craze was going strong. As you’ll recall that craze was all over the news and revolved around favorite stocks promoted by largely novice traders via social...
USDCAD has displayed bullish momentum, breaking above the key resistance level of 1.3543 and extending its uptrend from 1.3358. This breakout raises questions about the pair’s future direction. Let’s analyze the technicals to understand what this means...
USDJPY has been on a tear, extending its rally from 145.89 to reach a new high of 150.88. But will this bullish momentum continue, or is a correction on the horizon? Let’s delve into the technical analysis...
The AUDUSD pair has made a decisive move, breaking below the key support level of 0.6468 after trading sideways between 0.6468 and 0.6543. This breakdown raises questions about the pair’s future direction. Let’s dive into the technical...
GBPUSD has reached a make-or-break point, testing the key support level at 1.2571. The technical analysis reveals two potential scenarios depending on whether this support holds or not. Scenario 1: Support Holds, Uptrend Resumes Scenario 2: Support...
The EURUSD pair has taken a tumble, breaking below the key support level of 1.0723 and extending its decline from 1.1139 to reach a new low of 1.0700. Let’s break down the technical analysis to understand where...
Are AI cryptos here to stay? Elliott Wave International’s Crypto Pro Service editor, Tony Carrion, reveals two AI coins that he’s watching right now. He walks you through his wave count, key price levels, and details the...
USDCAD’s climb stalled as it encountered resistance at 1.3541, leading to a pullback that breached the 1.3464 support level. Let’s analyze the technicals to understand whether this signals a deeper decline or a mere pause in the...
USDJPY’s recent rally encountered resistance at 148.80, leading to a pullback. But is this a temporary pause or a sign of a potential trend reversal? Let’s analyze the technicals to understand what this means for the pair’s...
