By Elliott Wave International Observations over the years reveal that hedge fund managers tend to extrapolate current trends of financial markets into the future — just like most Main Street investors. In other words, hedge fund managers...
The USDCAD currency pair has managed to break above the resistance level at 1.3525, signaling a potential continuation of its recent upward movement. Traders can anticipate further upside momentum in the coming days, with the next target...
The USDJPY currency pair has entered a consolidation phase, displaying range-bound trading as it continues the overall uptrend that commenced from 133.49. Traders should anticipate price action between the levels of 137.42 and 138.90 in the near...
The AUDUSD pair has experienced a significant development as it broke below the key support level at 0.6604, signaling a resumption of the downside movement from 0.6817. This breakdown has shifted the near-term outlook for the pair,...
The GBPUSD pair has witnessed a significant development as it broke below the crucial support level at 1.2391, indicating a resumption of the downside movement from 1.2679. This breakdown has altered the near-term outlook for the pair,...
The EURUSD currency pair has recently experienced a significant development as it broke below the key support level at 1.0759, indicating a resumption of the downside move from 1.1091. This break has shifted the near-term outlook for...
The USDCAD currency pair has been trading within a well-defined range between 1.3403 and 1.3567, displaying a prolonged period of sideways movement. Traders are closely monitoring the price action as the pair approaches key resistance and support...
The USDJPY currency pair has been displaying a strong uptrend since its initial rally from 133.49. Despite recent consolidation between 138.74 and the current price action, the overall upward momentum remains intact. Traders are closely monitoring this...
The AUDUSD currency pair has been consolidating in a narrow trading range between 0.6604 and 0.6674, as market participants assess the next potential direction. Traders are closely monitoring this range, as it provides valuable insights into the...
The GBPUSD currency pair finds itself at a critical juncture as it approaches the support level at 1.2391. Traders are closely monitoring this level as a breakdown below it could trigger further downside movement and potentially lead...
