The AUDUSD currency pair is currently approaching a critical resistance level at 0.6709. A decisive breakout above this level could potentially trigger a further upside move, with the next target being the resistance at 0.6817. In the...
The GBPUSD currency pair remains entrenched in a downtrend that started from the peak at 1.2679. The recent pullback from the 1.2544 level suggests a resumption of the downward movement, as sellers exert their control over the...
The EURUSD currency pair has been trading in a sideways movement, forming a trading range between the levels of 1.0635 and 1.0778. This consolidation phase comes after a previous downtrend in the market. Traders are closely monitoring...
The USDCAD currency pair has experienced a breakdown below the key support level at 1.3406, signaling a continuation of its recent downtrend from 1.3654. The pair has subsequently declined to as low as 1.3392, with further downside...
The USDJPY currency pair has been trading within a defined range, moving sideways between the support level at 138.42 and the resistance level at 140.91. Traders are closely monitoring price action within this range, as it could...
The AUDUSD currency pair has been on a steady upward trajectory, extending its upside movement from the 0.6457 level to reach as high as 0.6683. Traders are now eyeing the potential for further gains as the pair...
The GBPUSD currency pair has been locked in a persistent downtrend from its peak at 1.2679. Despite a recent bounce from the 1.2307 level, it is likely a temporary consolidation within the broader downward movement. As the...
The EURUSD currency pair has been entrenched in a persistent downtrend from its peak at 1.1095. Currently, the pair remains within a falling price channel on the 4-hour chart, suggesting that the bearish momentum is still intact....
Here’s the thing that most successful traders have in common: a solid trading plan. Want to learn the keys to building a solid plan? Elliott Wave International’s Senior FX Analyst, Michael Madden, shows you how to use...
The USDCAD currency pair has been in a persistent downtrend since reaching a high of 1.3654. While there has been a recent bounce from the low of 1.3406, it is likely to be a temporary consolidation phase...
