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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 and 188.89, which, in turn, reflects the persistent uptrend from 178.72. As far as the price remains within […]

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 an extended slump in the coming days. The next target level could well be at 0.8530 and if […]

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 above the rising trend line, we could anticipate the continuity of its uptrend from 140.25. A breakout beyond […]

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 likely correcting phase for the preceding rise which had started at 1.2596. Despite the current fall, a recomposure […

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 be looking at a dip towards 1.0723. However, a resistance at 1.0910 sets a key level to watch. […]

A textbook Elliott Wave pattern has formed on the 4h chart of EURUSD, giving us a hint of what to expect from the pair going forward. Take a look at it in our latest update. <div> <div> To access this article you need to have an active <a href="https://ewminteractive.com/elliott-wave-pro/">subscription</a> </div

USDJPY is down this week, even after the Bank of Japan kept its policy unchanged. Where is the pair headed to next? Read in our latest Elliott Wave update. <div> <div> To access this article you need to have an active <a href="https://ewminteractive.com/elliott-wave-pro/">subscription</a> </div> </div>

USDCAD is up for the fourth week in a row ahead of Friday's US core inflation data and next week's Fed decision on interest rates. In today's update we identify a stop-loss level for trading purposes. <div> <div> To access this article you need to have an active <a href="https://ewminteractive.com/elliott-wave-pro

<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>Pyth Network (PYTHUSD) Price Forecast: January 24It’s nice to see strong buying reactions from the PYTHUSD buyers after completing the low dips at the $0.37278 support level. The PYTHUSD pair claims another bullish cycle at a $0

<p>Get the 7 Step Checklist Johnathon Fox Uses to Find Every High Probability Price Action Trade</p> <p>Quant Price Forecast: January 24The QNTUSD pair is in a downward trend, after updating the lows; its price retracement may surge above the $153.83 resistance level to reclaim the bullish recovery pattern. Should the coin price m