Our focus in today’s Forex update is EURGBP, which has stretched its downside trend from 0.8714 to as far as 0.8554. In the current scenery, immediate resistance lies at 0.8590. As long as this mark serves as...
In the Forex spotlight today we have EURCAD, which has managed to break below the bottom of the rising price channel as seen on its 4-hour chart. This suggests that we could potentially be in for a...
In today’s Forex scenario, EURUSD seems to be making modest moves, lying low in a narrow range between 1.0844 and 1.0910. Provided the 1.0910 resistance holds firm, we might treat the ongoing sideways movement as a consolidation...
Bitcoin (BTCUSD) has been rallying strongly since September 2023 low. It rallied from a low of $24920 to a high of $49048 gaining $24128 which is almost a 100% gain in 4 months. It made a sharp...
By Elliott Wave International A big reason that U.S. home prices have skyrocketed is that big investors like corporations did a lot of buying. As a Redfin.com headline noted nearly two years ago (Feb. 16, 2022): Real...
Today’s Forex market sees GBPJPY successfully extending its upside movement. Originating from 178.72, the pair has surged as high as 188.10. As long as the price stays within the rising channel as show on the 4-hour chart,...
After briefly falling below the 1.2610 support level, GBPUSD managed a comeback from 1.2596, breaking above the 1.2680 resistance, pointing to a possible rise. A further ascent is anticipated in the days ahead and the next target...
Making moves on the Forex market today, the rate of EURUSD has extended its downside movement from 1.1139 to hit as low as 1.0844. Expect more room for a possible further decline following a minor consolidation. This...
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of Natural Gas ticker symbol: $NG_F. In which, the rally from the 29 March 2023 low unfolded in an impulse...
The EURGBP pair has dipped below the 0.8585 support mark, indicating a renewed downside movement from its 0.8714 high. Over the next few trading sessions, a further decline can be expected. The pair could be eyeing the...
