AUDUSD is currently experiencing a sideways consolidation within a trading range bounded by 0.6363 and 0.6487. As long as the resistance level at 0.6487 remains intact, the lateral price movement can be interpreted as a consolidation phase...
GBPUSD continues to exhibit a downtrend originating from 1.3141. The pair remains bearish, and the downward move is anticipated to persist as long as the resistance level at 1.2817 remains intact. The next target for GBPUSD lies...
EURUSD continues to adhere to a descending price channel on its 4-hour chart, indicating the pair’s persistent engagement in the downtrend that originated from 1.1065. The prevailing situation revolves around the channel resistance, which plays a pivotal...
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the CADJPY. The rally from the 28 July 2023 low showed a higher high sequence & provided a short-term...
Coinbase Global, Inc., branded Coinbase (COIN), is an American company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work and the company lacks a physical headquarters. It is the largest cryptocurrency exchange in the United...
USDCAD has achieved a notable breakthrough, surpassing the significant resistance at 1.3603 and extending its upward trajectory from 1.3092 to reach as high as 1.3639. As long as the key support level at 1.3495 remains intact, we...
USDJPY has made a significant breakthrough by surmounting the 146.55 resistance, signifying a resumption of the upward movement that began at 138.05. In the days ahead, we can anticipate further upward momentum, with the next significant target...
AUDUSD currently finds itself in a phase of sideways consolidation, operating within the confines of a trading range established between 0.6363 and 0.6487. The critical factor to monitor in this situation is the resistance at 0.6487. As...
GBPUSD recently emerged from a period of sideways consolidation, confined within the 1.2615 to 1.2817 trading range. However, the currency pair has since ventured below the critical 1.2615 support, extending its descent from the 1.3141 peak to...
EURUSD has seen its downward trajectory persist, with the price reaching as low as 1.0765 after descending from the 1.1065 level. As things stand, the key determinant of its future direction is the descending trend line visible...
