By Elliott Wave International The price action of bitcoin has been the very epitome of volatility. The good news for Elliott wave practitioners is that the greater the emotional swings in a financial market, the clearer the...
The GBPJPY has taken a significant turn, breaking below the rising price channel on the 4-hour chart as well as a key support level at 187.30. The evidence is suggesting a completion of the upside movement that...
We’ve observed that the EURGBP is on a downward progression, having fallen from 0.8714 to reach a low of 0.8535. With current trends as they are, there’s a likelihood that we may see further decline in the...
The GBPUSD is on a decisive upward march, stretching its positive streak from 1.2596 to a new high of 1.2774. At this stage, it is coming up against the resistance level of 1.2785. A successful surge above...
The EURUSD has successfully breached the 1.0910 resistance level. This intriguing shift signifies an end to the former downtrend, which saw a slide from 1.1139 to 1.0821. The upcoming days are set to bear witness to further...
In a decisive show of market tenacity, GBPJPY refused to break below the bottom of the rising price channel on the 4-hour chart. As a result, current operations have been confined to a trading range of 187.30...
In recent trading sessions, EURGBP has furthered its downward movement, plunging from 0.8714 to a new low at 0.8546 which notably breaks below the 0.8548 support level. Judging by the current trend, we could expect to see...
In the wake of a rising trend line support on the 4-hour chart, the USDJPY pair managed to rebound from the 146.97 low and is now staring down the 148.80 resistance. As the pair sustains its position...
In an unexpected turn of events, GBPUSD has broken below the 1.2660 support level, implying that its previous uptrend from 1.2596, which peaked at 1.2747, has already concluded. The ongoing descent from 1.2747 is viewed as a...
EURUSD has amplified its downward shift from 1.1139, dipping as low as 1.0821. Following a brief consolidation, the possibility of further decline still stands with the next target identified at 1.0780, and if momentum persists, we could...
