EURUSD has seen its downward trajectory persist, with the price reaching as low as 1.0765 after descending from the 1.1065 level. As things stand, the key determinant of its future direction is the descending trend line visible...
By Elliott Wave International Back in October 2022, none other than Realtor.com asked the question: Is America in a housing bubble–and is it getting ready to burst? That was 10 months ago and just like a widely...
USDCAD is currently encountering resistance at the 1.3603 level. If this barrier is successfully breached, it could indicate a resurgence of the uptrend that commenced from 1.3092. In this scenario, the next notable target would be around...
USDJPY continues to be entrenched in an uptrend that began at 138.05, with the recent price movements from 146.55 appearing to be a consolidation phase within this broader upward movement. Should we witness a breakout above the...
AUDUSD has successfully breached the descending trend line on the 4-hour chart, marking the initiation of an uptrend from the 0.6363 level. Anticipated in the coming days is a continuation of the upward trajectory, with the next...
GBPUSD has breached the critical 1.2615 support level, continuing its descent from the 1.3141 peak and reaching as low as 1.2560. There remains the potential for further downward movement in the days ahead, with the next focal...
EURUSD continues to trade below a declining trend line on the 4-hour chart, firmly entrenched in the downtrend that originated from 1.1065. As long as this trend line serves as a barrier, we can anticipate further downward...
USDCAD has shown significant strength, with the pair extending its upward movement from 1.3092 to a high of 1.3603. If the support at 1.3495 remains intact, there is a likelihood that the upward move may continue. In...
USDJPY has experienced a significant development as it broke below the bottom of the rising price channel on the 4-hour chart. This breakout implies that the previous upside move from 138.05, extending to 146.55, has potentially concluded....
AUDUSD has made a significant move by breaking above the resistance of the falling trend line on the 4-hour chart. This breakout indicates that the previous downward move from 0.6894 to 0.6363 has potentially concluded. With the...
