By Elliott Wave International The reason price patterns tend to repeat in the stock market is that investor psychology never changes. The Elliott wave model directly reflects these largely predictable swings in investor psychology. That’s what the...
The USDCAD currency pair has experienced a significant shift in momentum as it broke below the key support level at 1.3225. This break suggests that the long-term uptrend, which began at 1.2006, has likely completed at 1.3977....
The USDJPY currency pair has experienced a significant upward move, stretching from 127.21 to a high of 141.90. This extended rally indicates a sustained bullish sentiment in the market. As long as the price remains above the...
The AUDUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 0.6800. This breakout suggests that another upward move is underway, with the pair potentially targeting the falling trend line on the weekly...
The GBPUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 1.2679 and extending its long-term upside move from 1.0352 to reach as high as 1.2847. This breakout suggests that bullish momentum is...
The EURUSD currency pair has been trading in a relatively narrow range between 1.0515 and 1.1095, displaying a period of consolidation in recent sessions. This consolidation phase comes after a significant uptrend from the low of 0.9535....
Do you ever just feel completely run-ragged with all the choices and decisions you’re presented with daily? I know I do. What insurance carrier? What doctor? What school? What… the list is endless. Collecting, assimilating and distilling...
If you are looking for a simple and effective way to improve your forex trading performance, you might want to consider using exponential moving average (EMA). EMA is one of the most popular and widely used technical indicators in forex trading....
By Elliott Wave International Although it doesn’t feel like it sometimes, the U.S. stock market has been in a downtrend since January 2022. The reason it doesn’t feel like it is because the S&P 500 has been...
The USDCAD currency pair has experienced continued downward momentum, extending its decline from the high of 1.3654 to as low as 1.3271. Currently, the pair is hovering near the support level at 1.3260, which has acted as...
