The USDCHF pair has seen a key shift in its trend with a break below an important support, leading us to anticipate possible next moves. Break Below Key Support The USDCHF has registered a break below the...
USDJPY’s recent move breaking below key levels has set the stage for likely future moves as identified by key markers. Breaking Below the Rising Channel and Key Support USDJPY has pierced through the bottom of the ascending...
EURUSD has made a decisive attempt to break the current trendlines which has implications for the future direction of the currency pair. Failure to Break the Falling Channel EURUSD has fallen short in its attempts to break...
By Elliott Wave International First, just a quick basic fact about the CBOE Volatility Index (VIX) — also known as the stock market’s “fear gauge”: the lower the reading, the higher the complacency among investors. Higher readings...
EURCAD’s recent extended downside movement puts the pair in an interesting position with possible consolidation and key resistance levels in focus. Extended Downside Move EURCAD has pushed its downside activity further from 1.4734, reaching a new low...
USDCHF has recently broken through significant levels and is currently standing at a crucial support level, painting a mixed picture for its future market movement. Key Breakthrough: Falling Below the Rising Channel USDCHF has notably broken below...
The EURUSD pair has notably exhibited diminishing downside momentum, suggesting an end might be imminent for the ongoing downtrend from 1.1139. Diminishing Downside Momentum The strong downside momentum previously exhibited by EURUSD appears to be diminishing. This...
EURGBP has been on a steady downtrend, exhibiting extended downside activity from the 0.8714 mark. Extended Downside Movement and Continued Trend The EURGBP has extended its downside movement from the previous 0.8714 mark to reach lows of...
The USDCAD pair has seen notable shifts in the market, marked by a breakthrough below support, indicating certain possible future trends. Breach Below Support Notably, USDCAD has broken through the 1.3414 support level. This suggests that the...
The EURUSD’s market dynamics have been highlighting a consistent downturn, ensconced within a falling price channel. Falling Price Channel and Continued Downtrend Placed within a declining price channel on the 4-hour chart, the EURUSD pair remains adherent...
