AUDUSD encountered a significant obstacle as it failed to break above the key resistance level at 0.6720. This lack of upward momentum has resulted in a break below the support level at 0.6640, signaling potential downside pressure...
GBPUSD has experienced a notable breakthrough as it surpassed the key resistance level at 1.2758. This bullish move suggests a potential continuation of the upward momentum, with traders anticipating further gains in the near term. As the...
EURUSD continues to exhibit weakness as it remains below a prominent falling trend line on the 4-hour chart, signaling that the pair is still entrenched in a downtrend from its high of 1.1011. This suggests that sellers...
USDCAD continues to showcase strength as it remains in an uptrend from its low of 1.3116. Further upward movement is anticipated in the coming days, with the next target set at the 1.3387 resistance level. The upward...
USDJPY, which had been displaying a notable uptrend from its low of 138.42, has encountered a significant development as it broke below the rising price channel on the 4-hour chart. This suggests that the pair may require...
AUDUSD has been displaying a notable upside move, extending from its recent low of 0.6594 to a high of 0.6705. The pair is now facing a key resistance level at 0.6720, which could determine the next phase...
GBPUSD is currently approaching a key resistance level at 1.2758, and a decisive break above this level could potentially trigger a further upside move towards the next resistance at 1.2847. Traders closely monitoring the price action will...
EURUSD has encountered significant resistance as it failed to break above a falling trend line on the 4-hour chart. This failure to breach the trend line indicates that the pair remains in a downtrend from the level...
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Nikkei. We presented to members at the elliottwave-forecast. In which, the rally from 03 May 2023 low unfolded as an impulse structure....
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