GBP/USD remains under pressure, as the pair continues to test a key support level at 1.2540. A break below this level could trigger further downside movement towards the rising trend line on the 4-hour chart, currently near...
EURUSD is currently testing a key support level at 1.0909. This level is crucial for the pair as a breakdown below this level would indicate that the uptrend from the March low of 1.0515 has completed at...
USDCAD has failed to break below the support level at 1.3300 and rebounded from the low of 1.3314. This suggests that the pair is in a period of consolidation for the downtrend from 1.3667. Over the next...
USDJPY has been experiencing a period of consolidation in the downtrend from 137.77, with a bounce from the support level at 133.49. The bounce has extended to as high as 135.33, and there is a possibility of...
The AUDUSD pair has failed to break above the resistance level at 0.6805 and has subsequently pulled back from its recent high of 0.6803. This suggests that the pair is currently in a consolidation phase for the...
GBPUSD has been in an uptrend since the March low of 1.1802. However, the pair recently pulled back from its recent high of 1.2668, which may be seen as a period of consolidation for the uptrend. The...
EURUSD has been in a trading range between 1.0909 and 1.1095. The current key level to watch is the 1.0909 support. If the pair breaks below this support level, it could indicate that the upside move from...
By Elliott Wave International It’s sobering to reflect on the fact that the second, third and fourth largest bank failures in U.S. history have all occurred in just the past few months. They are First Republic, Silicon...
USDCAD has been experiencing a consolidation phase for the downtrend from 1.3667, after rebounding from the 1.3314 level, where it has found support. In the near term, a range trading between 1.3314 and 1.3415 can be expected...
USDJPY has been in a consolidation phase for the downtrend from the high of 137.77. The pair has been in range trading between 133.49 and 135.80, and further consolidation could be expected in the near term. If...
