The EURUSD currency pair experienced a pullback from its recent high of 1.0778 and subsequently reached a low of 1.0690. This price action suggests that the pair remains within a downtrend that originated from 1.1095. Traders are...
The EURUSD currency pair has been trading within a relatively tight range, fluctuating between 1.0515 support and 1.1095 resistance. This price action suggests a period of consolidation for the pair, following the significant uptrend from 0.9535. Traders...
The EURUSD currency pair has recently experienced a significant development as it broke above the falling trend line on the 4-hour chart. This breakout suggests that the previous downside movement from 1.1091 to 1.0635 has potentially come...
The EURUSD currency pair has experienced a significant extension of its downward movement, reaching as low as 1.0635 from the previous high at 1.1091. Traders are closely monitoring the pair’s price action as it remains below a...
The EURUSD currency pair has recently broken above a falling trend line on the 4-hour chart, indicating a period of consolidation for the ongoing downtrend that originated from 1.1091. However, caution is still warranted as the pair...
The EURUSD currency pair has been struggling to break free from the grip of a persistent downtrend, as indicated by its position below a descending trend line on the 4-hour chart. The pair remains locked in a...
The EURUSD currency pair has entered a consolidation phase within the context of its overall uptrend from 0.9535. Traders can anticipate range trading between the support level around 1.0515 and the resistance level near 1.1095 over the...
The EURUSD currency pair has persisted in its downward trajectory, with the price continuing its descent from the 1.1091 level. Currently, the pair is approaching a crucial support level at 1.0710, which could act as a significant...
By Elliott Wave International Observations over the years reveal that hedge fund managers tend to extrapolate current trends of financial markets into the future — just like most Main Street investors. In other words, hedge fund managers...
The EURUSD currency pair has recently experienced a significant development as it broke below the key support level at 1.0759, indicating a resumption of the downside move from 1.1091. This break has shifted the near-term outlook for...
