In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the decline from 03 May 2023 high ended 5 waves in a leading diagonal sequence and...
By Elliott Wave International In November 2020, when fears were rampant over a second wave of the coronavirus pandemic, the president of the European Central Bank called for economic stimulus (Reuters): Facing gloomy outlook, Lagarde calls for...
The USDCAD currency pair has been exhibiting a downtrend from the 1.3654 level, with a recent bounce observed from the low of 1.3177. This rebound is likely a period of consolidation within the prevailing downtrend. Currently, the...
The USDJPY currency pair has been maintaining an uptrend from the 138.42 level, with a recent pullback observed from the high of 142.24. This retracement is likely a period of consolidation within the ongoing uptrend. In the...
The AUDUSD currency pair has experienced a short-term downtrend, with a recent rebound observed after touching the 0.6755 support level. The bounce occurred from a low of 0.6752, suggesting a period of consolidation for the downtrend from...
The GBPUSD currency pair has exhibited a resilient uptrend, remaining within a rising price channel on the 4-hour chart. The pair’s upward movement from 1.2307 has been notable, with a recent pullback observed from the high of...
The EURUSD currency pair has shown resilience in maintaining its uptrend, remaining above a rising trend line on the 4-hour chart. The pair’s upward movement from 1.0635 has been notable, with recent price action indicating a pullback...
The World Indices rally since the low at 10.2022. Many are already trading into new highs above the 2022 peak. The idea can be seen as bullish, and our expected wave III of (3) might have started....
Carvana Co. is an online used car retailer and is known for its multi-store car vending machines. Today, the company is the fastest growing online used car dealer in the United States. Recently, Carvana gained publicity as it...
The USDCAD currency pair has been in a persistent downtrend, remaining below a falling trend line on the 4-hour chart. This trend line resistance has been a significant level that has prevented the pair from reversing its...
