GBPUSD has continued its downward movement from 1.3141, reaching as low as 1.2679. As long as the pair remains below the descending trend line on the 4-hour chart, there is a likelihood for the downside move to...
EURUSD has broken below the support level at 1.0943 and has continued its downward movement from 1.1275, reaching as low as 1.0917. As long as the price remains below the descending trend line on the 4-hour chart,...
As a major player in the mining sector, Vale SA (NYSE: VALE) has been making significant strides with its robust performance and strategic position in the industry. This article will delve into Vale’s Monthly chart analysis, focusing...
By Elliott Wave International Many investors and financial journalists believe that corporate earnings play a substantial role in driving stock market prices. This headline from a few months ago captures the traditional thinking (Business Insider, April): Stocks...
USDCAD is currently exhibiting a sideways movement within a rising price channel on the 4-hour chart. Despite being in a sideways trend, there is still potential for further upward movement, with the next target area being around...
USDJPY has continued its upward momentum, expanding from the 138.05 level to a high of 143.54. Based on this trend, it is plausible to anticipate further upside movement in the upcoming days, with the next potential target...
AUDUSD has breached the support level at 0.6622 and is currently approaching the next support level at 0.6594. If the price breaks below this level, it could potentially trigger further downside movement towards 0.6550, followed by 0.6450....
GBPUSD has broken below the support level at 1.2762, indicating the resumption of the downtrend from 1.3141. With this breakout, it is likely that further decline may be observed in the upcoming days. The next potential targets...
EURUSD has been trading within a range between 1.0943 and 1.1047, displaying a sideways movement. As long as the price remains below the descending trend line on the 4-hour chart, it is likely that the sideways movement...
Hello Traders! Today, we will look at the Monthly and Weekly Elliott Wave structure of Enbridge Inc. ($ENB) and explain why the stock is at a Generational low and a Multi Year Rally should happen soon. Enbridge...
