In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPNZD. In which, the rally from the 03 February 2023 low unfolded as an impulse sequence and showed a higher high...
Hello Traders! Today, we will look at the shorter cycles of Micron Technology Inc ($MU) and explain why the stock should remain supported in the near term. This is how we saw it back in March 2023 expecting a...
The USDCAD pair has recently broken above the falling price channel on the 4-hour chart, indicating a reversal of the downtrend that started from the 1.3667 high. The pair has been in a downtrend since late April,...
The USDJPY has been trading in a range between 129.63 and 135.46 since May, but recent price action suggests that the uptrend from the March low has resumed. The pair failed to break below the key support...
The AUDUSD pair has been trading in a bearish trend, with prices breaking below a significant support level. Let’s take a look at some of the key factors driving the market and what we can expect in...
The GBPUSD pair has been experiencing some downward pressure recently, breaking below the rising trend line on the 4-hour chart. The pair is now facing a critical support level at 1.2435, and a break below this level...
EURUSD is currently trading in a downtrend after breaking below the key support level at 1.0909, indicating that the upside movement from the March low of 1.0515 has completed at 1.1095. This marks a significant shift in...
Word is getting around fast — banks are in trouble. What should you do with YOUR money? Our friends at Elliott Wave International are standing by with several safe havens for you to consider. “Your 5 Top Alternatives...
By Elliott Wave International Did you get a heads-up from the financial media that the U.S. banking system was vulnerable before the failures of Silicon Valley, Signature and First Republic banks? There may have been outlier articles here and...
USDCAD has been trading in a range between 1.3225 and 1.3977, indicating a period of consolidation after the long-term uptrend from the May 2021 low of 1.2006. The pair has been following a rising price channel on...
