GBPUSD has been trading sideways within a range between 1.2619 and 1.2791. As long as the price remains below the falling trend line on the 4-hour chart, the sideways movement could be considered as consolidation within the...
EURUSD has been moving sideways within a trading range between 1.0912 and 1.1047. As long as the price remains below the trend line resistance, the sideways movement could be considered as consolidation within the ongoing downtrend from...
Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of General Electric Co. ($GE) The rally from 6.23.2023 low unfolded as a 5 wave impulse with an...
Southern Copper Corporation (SCCO) engages in mining, exploration, smelting & refining of Copper & other minerals in Peru, Mexico, Argentina, Ecuador & Chile. The company is based in Phoenix, Arizona, US, comes under Basic Materials Sector &...
USDCAD has extended its upside move from 1.3092 to reach as high as 1.3451. With this continuation, there is a likelihood of further rise in the coming days. The next target for the pair could be around...
USDJPY has broken above the resistance level at 142.90, indicating the potential resumption of the upside move from 138.05. With this breakout, there is a likelihood of further rise to test the resistance at 143.88. A decisive...
AUDUSD has broken below the support level at 0.6513, indicating the resumption of the downside move from 0.6894. With this breakdown, there is an expectation for further decline in the coming days. The next target for the...
GBPUSD is below the falling trend line on the 4-hour chart and remains in a downtrend from 1.3141. As long as the price remains below the trend line, the recent bounce from 1.2619 could be considered as...
EURUSD failed to break above the falling trend line on the 4-hour chart and has been trading sideways in a range between 1.0912 and 1.1047. As long as the price remains below the trend line, the sideways...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of Dollar Index. As our members know, DXY has recently given us correction against the 104.72 peak. Recovery...
