The AUDUSD currency pair has recently broken below the significant support level at 0.6560, signaling a shift in market sentiment and suggesting further downside potential over the next several weeks. This break indicates that bearish pressure has...
The GBPUSD currency pair has recently broken below a rising trend line on the weekly chart, indicating that a period of consolidation for the uptrend from 1.0352 is currently underway. This consolidation phase suggests a temporary pause...
The EURUSD currency pair has entered a consolidation phase within the context of its overall uptrend from 0.9535. Traders can anticipate range trading between the support level around 1.0515 and the resistance level near 1.1095 over the...
If a picture is worth 1,000 words, a price chart is worth 1,000 Fed statements. On May 4, at the MoneyShow Virtual Expo, Elliott Wave International’s Head of Global Research, Murray Gunn, showed an eager audience 30+...
The NASDAQ index has displayed remarkable resilience as it remains above a rising trend line on the daily chart, affirming its commitment to the uptrend that has been in place since 10665. This upward trajectory has instilled...
The USDCAD currency pair has recently experienced a significant breakthrough, surpassing the key resistance level at 1.3567. This bullish move suggests that further upward momentum may be in store for the pair, with the next target set...
The USDJPY currency pair has been on a remarkable uptrend, extending its upward movement from 133.49 and reaching as high as 139.64. The bullish momentum suggests that further gains could be on the horizon, with the next...
The AUDUSD currency pair has continued its downward movement, reaching as low as 0.6527 in recent trading sessions. The prevailing bearish sentiment suggests that further decline could be on the horizon, with the next target seen at...
The GBPUSD currency pair has experienced a further decline, with the price now approaching a crucial support level at 1.2350. This level holds significance as a breakthrough could potentially trigger additional downside movement and set the stage...
The EURUSD currency pair has persisted in its downward trajectory, with the price continuing its descent from the 1.1091 level. Currently, the pair is approaching a crucial support level at 1.0710, which could act as a significant...
