EURUSD has suffered a significant setback after failing to overcome a key hurdle. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Rejected at Resistance: Sharp Decline Breaches Support: Crucial Support...
By Elliott Wave International Around the first week of the year, the outlook for gold was not looking promising, at least according to this Jan. 5 headline (Reuters): Gold set for weekly decline as dollar, yields climb...
GBPUSD has displayed a bullish sign, potentially breaking free from a downtrend. This analysis examines the technical situation and explores potential scenarios for the currency pair. GBPUSD Breaches Downtrend Line: Uptrend Resumption or False Breakout? New Support...
EURUSD has encountered a potential roadblock in its recent ascent. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Meets Resistance: Uptrend in Question: Downtrend Scenario if Resistance Holds: Support Levels...
GBPUSD has reached a critical juncture, facing a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Resistance Test for GBPUSD: Downtrend Consolidation or Reversal? Support Levels to Consider:...
EURUSD has displayed a promising sign, overcoming a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Uptrend Resumption or False Dawn? Alternative Scenario: Correction Within...
USDJPY has exhibited choppy price action recently, hovering within a defined range. This analysis examines the technical situation and explores potential scenarios for the currency pair. Trading Range Established: Uptrend on Hold or Gaining Momentum? Support Levels...
USDCHF has encountered a potential turning point, approaching a key level of support. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend Support in Focus: Consolidation or Reversal? Resistance Levels to...
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EURUSD has displayed a promising turnaround, bouncing from a recent low and breaching a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Price Recovers from Lows: Further Upside...