USDJPY has continued its impressive rally, reaching new highs. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Extends Uptrend: Bullish Momentum Likely to Continue: Support Levels to Consider: Uptrend Correction...
EURUSD has exhibited renewed weakness, extending its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Slides Further: Downside Potential Persists: Signs of a Correction? Initial Resistance to Consider:...
USDCHF has displayed a bullish breakout, potentially signaling a continuation of the uptrend. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDCHF Escapes Trading Range: Uptrend Resuming or Bullish Rebound? Upside...
USDJPY has displayed a powerful move, potentially breaking out of a recent range. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Stages Breakout: Uptrend Resumed or Short-Lived Rally? Support Levels...
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...