The USDCAD currency pair has faced a notable setback as it failed to break above the falling trend line on the 4-hour chart. Consequently, the pair extended its downward move from 1.3654, reaching as low as 1.3150....
The USDJPY currency pair has experienced a significant breakthrough, surpassing the resistance level at 142.24 and extending its upside move from 138.42 to a high of 142.36. This breakout suggests that the pair’s bullish momentum remains intact....
The AUDUSD currency pair has continued its downward trajectory, extending its move from the 0.6899 level to as low as 0.6740. This ongoing decline suggests that further downside movement could be expected in the coming days. With...
The GBPUSD currency pair has shown resilience as it failed to break below the bottom of the rising price channel on the 4-hour chart and instead rebounded from the 1.2690 level. This rebound suggests that the pair...
The EURUSD currency pair has demonstrated resilience as it failed to break below the rising trend line on the 4-hour chart and instead rebounded from the 1.0891 level. This rebound has been accompanied by a breakthrough above...
Royal Caribbean Cruises Ltd (NYSE: RCL), a leading player in the global cruise industry, has weathered the challenges of the past year and is now poised for continued growth and success. As the world emerges from the...
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the decline from 03 May 2023 high ended 5 waves in a leading diagonal sequence and...
By Elliott Wave International In November 2020, when fears were rampant over a second wave of the coronavirus pandemic, the president of the European Central Bank called for economic stimulus (Reuters): Facing gloomy outlook, Lagarde calls for...
The USDCAD currency pair has been exhibiting a downtrend from the 1.3654 level, with a recent bounce observed from the low of 1.3177. This rebound is likely a period of consolidation within the prevailing downtrend. Currently, the...
The USDJPY currency pair has been maintaining an uptrend from the 138.42 level, with a recent pullback observed from the high of 142.24. This retracement is likely a period of consolidation within the ongoing uptrend. In the...
