AUD/USD recently experienced a breakdown below the 0.6363 support level. However, the currency pair rebounded from 0.6356 and reached as high as 0.6449. Based on this rebound, it is likely that a further rally could occur in...
GBP/USD has broken above the falling trend line on its 4-hour chart, indicating a potential completion of the short-term downtrend that started from 1.2745. The price reached a low of 1.2444 before the breakout occurred. Based on...
EUR/USD has experienced a rebound from its support level within the falling price channel on the 4-hour chart, starting from 1.0685 and breaking above the resistance level at 1.0760. This upward movement suggests that a further rally...
EUR/USD has reached the bottom of the falling price channel on the 4-hour chart, indicating a potential opportunity for a rebound in the coming days. If the price manages to break above the resistance level at 1.0760,...
By Elliott Wave International As you’re probably aware, many people who want to borrow to make a major purchase like a house or a car are bemoaning higher interest rates. It wasn’t so long ago that 3-month...
By Elliott Wave International Stock market investors naturally want to know the closing numbers for the main stock indexes at the end of each trading day. Yet, it’s also good to dig deeper. Let me show you...
GBP/USD has been experiencing a continued downward movement, reaching as low as 1.2456. As long as the price remains below the falling trend line on the 4-hour chart, it is likely that the downside momentum will continue....
EUR/USD has been experiencing a continued downward movement, starting from 1.1275 and reaching as low as 1.0702. The pair is currently encountering support at the bottom of the price channel on the 4-hour chart. In the coming...
USD/CAD has experienced a notable upward move, starting from 1.3092 and reaching as high as 1.3669. Based on the current bullish momentum, there is a possibility for USD/CAD to continue rising in the coming days, with the...
USD/JPY has experienced significant upward movement, starting from 137.23 and reaching as high as 147.81. This rally included a break above the resistance level at 147.37. Based on this upward momentum, it is possible for USD/JPY to...