By Elliott Wave International “Wild” doesn’t begin to describe Bitcoin’s price action. This spring, it traded as low as $1200. Last week, BTC futures topped $20,000. Yesterday (December 21), in an article by newsmax.com, Elliott Prechter warned...
Bitcoin price is falling for the fourth consecutive day and accelerated the decline hours ago. Since the record highs reached on Monday, the price has lost about 40%. Today came to lose $3,000, then moderate the fall....
EURJPY recently broke to the upside of its descending channel visible on its 4-hour time frame. Price rallied close to the 135.00 handle before making a pullback and using the Fib tool shows the nearby support levels....
USDCAD dropped sharply from 1.2920 to as low as 1.2699, breaking below 1.2713 support. Further decline is still possible after a minor consolidation and next target would be at 1.2623 support. Below this level could bring price...
USDJPY is facing 113.75 resistance. A breakout of this level will confirm that the uptrend from 110.84 has resumed, then next target would be at 114.73 resistance. Support is at the bottom of the rising price channel...
AUDUSD broke above 0.7694 resistance, indicating that the uptrend from 0.7501 has resumed. Further rise could be expected and next target would be at 0.7800 area. Support levels are at 0.7670 and 0.7635, only break below these...
GBPUSD moved sideways in a range between 1.3301 and 1.3466 for several days. Key resistance is at 1.3466. As long as this level holds, the price action in the range could be treated as consolidation of the...
EURUSD is now in short term uptrend from 1.1717, the fall from 1.1901 is likely consolidation of the uptrend. A breakout of 1.1901 resistance would trigger further upside movement to test 1.1961 resistance. Above this level could...
By Elliott Wave International Now You Can Get Bitcoin Updates Daily and Even During the Day — and Get in Front of the Waves EWI’s FX analysts now provide cryptocurrency coverage. Now, investors who follow and trade...
usdjpy The US dollar rallied significantly during the trading session on Wednesday, breaking above the psychologically important 113 handle. We did see the 113.33 level offer a slight amount of resistance, but I think at this point...
