GBPUSD has faced difficulty in surpassing the 1.2817 resistance level and has instead entered a period of consolidation, trading within a defined range between 1.2615 and 1.2817. As long as the 1.2817 resistance level remains unbroken, it...
EURUSD has experienced a significant decline, extending its downward trajectory from 1.1275 to a low of 1.0802. If the resistance at 1.0930 remains unbroken, it suggests that the currency pair is likely to continue its downward movement....
By Elliott Wave International Many investors know that some time periods of the year tend to be more bullish for stocks, like the holiday season. Other times tend to be more bearish, like September and October. However,...
When you put your own money on the line, it can feel like you’re throwing yourself at the mercy of the market’s unforeseen forces. Our friends at Elliott Wave International get it. From their long experience, we...
The USDCAD currency pair is currently in a sideways movement, trading within a range bound by 1.3495 as support and 1.3574 as resistance. As long as the support level at 1.3495 holds, the current sideways move can...
The USDJPY currency pair is currently experiencing a sideways movement within a trading range bounded by 144.92 and 146.55. If the price remains within the rising price channel on the 4-hour chart, the current sideways move could...
The AUDUSD currency pair attempted to break above the resistance provided by a falling trend line on the 4-hour chart but was unsuccessful, leading to a pullback from 0.6457. This suggests a potential continuation of the downside...
The GBPUSD currency pair is currently encountering resistance at the 1.2817 level. As long as this resistance level holds, the price action from 1.2619 could be viewed as consolidation within the larger downtrend that originated from 1.3141....
The EURUSD currency pair has broken below the key support level at 1.0844 and continued its downward movement from 1.1275, reaching as low as 1.0832. This indicates a resumption of the downside move in the pair. It...
The USDCAD currency pair is currently exhibiting a sideways movement within a defined trading range, with support at 1.3495 and resistance at 1.3574. As long as the support level at 1.3495 remains intact, the sideways move can...