USD/CHF has failed to break above the falling trend line on the 4-hour chart, leading to a sharp drop from 0.8748, extending as low as 0.8520. Current Trend Key Levels to Watch Conclusion USD/CHF continues to trend...
EUR/USD has extended its upward movement from 1.0777, reaching a high of 1.1132 and breaking through the key resistance at 1.1100. What’s Next? Conclusion EUR/USD is maintaining its strong uptrend, with potential for further gains after a...
The EUR/USD pair has recently broken above the resistance level of 1.1047, extending its upward movement from 1.0777 to a high of 1.1087. This bullish trend indicates a strong momentum in the market. Current Market Dynamics The pair is currently moving...
The GBP/USD pair has recently extended its upward movement from 1.2664 to a high of 1.2952, successfully breaking above the 1.2942 resistance level. This bullish trend indicates strong momentum in the market. Current Market Dynamics As long as the price remains above...
The EUR/USD pair has failed to break below the crucial support level at 1.0945 and is now facing resistance at 1.1047. This price action suggests a potential consolidation phase before the next move. Key Levels to Watch...
The AUD/USD pair is currently moving within a rising price channel on the 4-hour chart, indicating that the uptrend from 0.6349 remains intact. The recent pullback from 0.6642 appears to be a consolidation phase for this upward movement. Current Market Dynamics...
The EUR/USD pair has recently broken above the resistance level of 1.1008, extending its upward movement from 1.0777 to a high of 1.1047. Following this rise, a pullback from 1.1047 suggests that the market is now consolidating, setting the stage for...
The USD/JPY pair has been trading sideways within a range of 145.42 and 148.22 for several days. This consolidation phase presents important trading opportunities as we look ahead. Current Market Dynamics As long as the support level at 145.42 holds, this sideways movement...
Hello, traders. Here’s a new blog post where we discuss how Elliottwave-Forecast members found an opportunity in the GBPNZD forex pair. First, we’ll explain why we recommended this trade to our members. Then, we’ll explore the trade’s...
The USD/CAD pair has experienced a significant decline, dropping sharply from 1.3946 to as low as 1.3703. This movement raises important questions about the pair’s future direction and potential trading opportunities. Current Market Dynamics As long as...
