By Elliott Wave International On Oct. 24, 2022, Bloomberg said: Forget about a Santa rally to rescue European stocks from their doldrums, say strategists from Goldman Sachs Group Inc. to Bank of America Corp. A week and...
USDCAD has encountered selling pressure, breaking below the crucial 1.3160 support level. This suggests that the short-term uptrend from 1.3092 has completed at 1.3242, and the pair may experience further declines in the coming days. Further Decline...
USDJPY has shown remarkable strength, breaking above the critical 139.40 resistance level and reaching as high as 139.98. The ongoing uptrend from 137.23 indicates bullish momentum, and traders are now eyeing the next target at 141.00. Further...
AUDUSD has experienced a significant break below the rising price channel on the 4-hour chart, indicating a potential shift in market sentiment. The recent break suggests that the upside move that began from 0.6594 has likely concluded...
GBPUSD has experienced a notable pullback from its recent high of 1.3141, dropping to 1.2866 and breaking below the rising trend line on the 4-hour chart. This technical development suggests that the upside move that commenced from...
The EURUSD currency pair has recently experienced a significant development, as it broke below the key support level at 1.1203. This breach suggests that the upside move that began from 1.0833 and led the pair to reach...
By Elliott Wave International Robert Prechter’s June 23 interview with GoldSeek.com, which is under 15 minutes, covers a variety of financial topics. They include stocks with an emphasis on the technology sector (including artificial intelligence), bitcoin, gold...
USDCAD finds itself at a crucial juncture as it tests the support level at 1.3160 once again. Traders are closely monitoring this level as it could determine the pair’s short-term direction. Let’s analyze the current outlook and...
USDJPY has been moving sideways, confined within a trading range between 137.23 and 139.40. This consolidation phase has offered traders an opportunity to assess market sentiment and prepare for potential breakout opportunities. Let’s examine the current outlook...
AUDUSD is currently at a crucial juncture as it faces the support of a rising price channel on the 4-hour chart. This critical level will be closely watched by traders, as it could determine the future direction...
