Last Friday’s gold price action provided valuable insights into its potential near-term direction. Let’s break down the key levels and possible scenarios: Recent Price Action This pattern suggests that gold may continue its downward trend following a...
The EUR/USD pair showed interesting price action last Friday, providing insights into its potential near-term direction. Let’s break down the key levels and possible scenarios: Recent Price Action This pattern suggests that the EUR/USD may continue its...
The British Pound (GBP) has recently experienced a significant move against the US Dollar (USD), breaking below a key support level. Let’s break down what this means for traders and what to expect in the coming days....
By Elliott Wave International Some investors who are fans of technical analysis may not realize that another way to look at many classic chart patterns — for example, Head and Shoulders — is to describe them in...
SHRAP is a cryptocurrency associated with the blockchain-based game Shrapnel, developed by gaming company Neon Machine nad it aims to create an intensely competitive AAA extraction shooter game. In today’s bog, we’ll explain the daily Elliott Wave structure taking place...
By Brian Whitmer | European Financial Forecast editor Charles Dow (yes, the one with the averages named after him) developed a foundational concept in technical analysis that requires that price movement in industrial stocks and transportation shares confirm one...
Hello traders, welcome to a new blog post. Today, we will discuss the future path for the USDCHF currency pair. The recent breakout confirmed the bearish bias we shared with members of Elliottwave-Forecast. So, what is next...
In this technical article we’re going to take a quick look at the Elliott Wave charts of Dollar Index DXY , published in members area of the website. As our members know, Dollar has given us recovery...
Platinum (PL) is still looking to resume the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has started. Below we updated the Monthly and Daily Elliott Wave...
Gold (XAUUSD) has made a new all-time high which confirms the right side remains bullish in the near future. Cycle from 6.7.2024 low is currently in progress as a 5 waves impulse. Up from 6.7.2024 low, wave...
