In today’s Forex scenario, EURUSD seems to be making modest moves, lying low in a narrow range between 1.0844 and 1.0910. Provided the 1.0910 resistance holds firm, we might treat the ongoing sideways movement as a consolidation...
By Elliott Wave International A big reason that U.S. home prices have skyrocketed is that big investors like corporations did a lot of buying. As a Redfin.com headline noted nearly two years ago (Feb. 16, 2022): Real...
Today’s Forex market sees GBPJPY successfully extending its upside movement. Originating from 178.72, the pair has surged as high as 188.10. As long as the price stays within the rising channel as show on the 4-hour chart,...
After briefly falling below the 1.2610 support level, GBPUSD managed a comeback from 1.2596, breaking above the 1.2680 resistance, pointing to a possible rise. A further ascent is anticipated in the days ahead and the next target...
Making moves on the Forex market today, the rate of EURUSD has extended its downside movement from 1.1139 to hit as low as 1.0844. Expect more room for a possible further decline following a minor consolidation. This...
The EURGBP pair has dipped below the 0.8585 support mark, indicating a renewed downside movement from its 0.8714 high. Over the next few trading sessions, a further decline can be expected. The pair could be eyeing the...
EURCAD continues to navigate a rising price channel on the 4-hour chart, firmly keeping its short-term uptrend stance from 1.4548. As long as the pair remains within this channel, we can expect a continuation of the upside...
After a period of consolidation, GBPJPY has broken through the 186.14 resistance level and kept its bullish position from the 178.72 level. As it currently stands, GBPJPY remains inside the ascending price channel on the 4-hour chart....
GBPUSD has plunged below the 1.2673 support and is currently challenging the 1.2610 support level. If GBPUSD breaks below this 1.2610 support, it could suggest that the pair is caught in a downtrend wave from 1.2827. This...
Breaking news in the Forex market: EURUSD has crashed through the 1.0876 support level. This signifies a resumption of its downward movement, originally from 1.1139. A fresh resistance level has now formed at 1.0900. Should this line...
