EUR/USD is currently testing the key support level at 1.1026, a critical point for the pair’s next move. Potential Scenarios Conclusion EUR/USD is at a pivotal moment, with support at 1.1026 in focus. A break below this...
EUR/USD extended its rally from 1.1026 to a recent high of 1.1154. However, the subsequent pullback from 1.1154 suggests that the upward move may have completed. What’s Next? Conclusion EUR/USD has pulled back after its recent upside...
GBP/USD has broken above the falling trend line on the 4-hour chart, signaling that the downtrend from 1.3265 has likely ended at 1.3087. What’s Next? Conclusion GBP/USD has shifted into a bullish phase after breaking above the...
USD/JPY has continued its downside move, falling from 147.20 to as low as 143.18, breaking below the key support at 143.44. What to Watch Next: Conclusion: USD/JPY remains in a downtrend with potential for further declines toward...
EUR/USD is currently testing the key resistance level at 1.1100, a pivotal point for its next move. Potential Scenarios: Conclusion: EUR/USD is at a critical juncture. A break below 1.1065 could lead to further declines, while a...
GBP/USD has broken below the rising price channel on the 4-hour chart, indicating that the uptrend from 1.2664 has likely ended at 1.3265. Current Outlook Conclusion GBP/USD is currently in a downward trend after breaking key support...
USD/JPY is currently testing the 147.34 resistance level, a critical point that could determine the pair’s next move. Potential Scenarios Conclusion USD/JPY is at a pivotal point, with the 147.34 resistance level in focus. A breakout could...
EUR/USD has continued its downward move, dropping from 1.1201 to a low of 1.1041. Key Levels to Watch Conclusion EUR/USD is in a downtrend, with the key resistance at 1.1100 determining the next move. A break below...
USD/JPY has broken above the falling trend line on the 4-hour chart, signaling that the downtrend from 149.36 has likely ended at 143.44. What to Expect Next? Conclusion USD/JPY has shifted back into an uptrend after breaking...
By Elliott Wave International Recession coming or not, people are still EXTREMELY bullish. Read this excerpt from the May 17, 2024 Elliott Wave Theorist: Record Sentiment Readings for Stocks Investors are enamored with stocks that pay little or...
