After a corrective pullback from the 156.79 high, the USDJPY currency pair has rebounded from the 153.59 low. The bounce has extended to as high as 155.97 in recent trading sessions, with the bullish momentum showing signs...
After testing the key 0.8997 support level, the USDCHF currency pair has rebounded from a low of 0.8987 and is now facing resistance at the 0.9101 handle. This area will likely determine the pair’s near-term directional bias....
Short Term Elliott Wave in Silver (XAGUSD) suggests the metal rallies in impulsive structure from 10.3.2023 low. Up from there, wave (1) ended at 25.91 and dip sin wave (2) ended at 21.94. The metal then extended...
By Elliott Wave International Every day, you read news stories about the state of the economy and the stock market affecting consumer and investor behavior. The story goes something like this: When the economy and financial markets...
The GBPUSD currency pair has broken out above the 1.2633 resistance level, rallying as high as 1.2700 in recent trading sessions. The bullish momentum shows no signs of letting up just yet, with the potential for further...
The EURUSD currency pair has failed to break above the top of the rising price channel visible on the 4-hour chart, pulling back from the 1.0894 high. This price action suggests that a consolidation phase is likely...
Short Term Elliott Wave in SPX suggests that the Index ended wave (4) pullback at 4953.98. From there, it rallies higher in wave (5) as a nesting impulse Elliott Wave structure. Up from wave (4), wave ((i)) ended...
The USDJPY currency pair has extended its impressive upside move, rallying from the 151.86 low to a high of 156.79 in recent trading sessions. However, the pair has since pulled back from the 156.79 high, with the...
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart, followed by a breakdown below the key 0.8997 support level. This technical breakdown suggests that the recent upside move from the...
In this technical article we’re going to take a quick look at the Elliott Wave charts of Ethereum ETHUSD , published in members area of the website. As our members know, ETHUSD is showing incomplete sequences in...
