General Points about AUDUSD This week has been favorable for AUDUSD buyers, as the pair has shown strong bullish momentum after breaking above the key 0.6300 level yesterday. The breakout signals increased confidence among buyers, supported by...
Hello colleagues! In this technical article, we will discuss gold (Xauusd) and share some of the charts we have included in Elliottwave Forecasts. As our members know, gold has been showing gold in the December 18th cycle since December 18th,...
The chart illustrates the hourly price movements of crude oil (#CL) with the help of Bollinger Bands, Standard Deviation (20), and Average True Range (ATR) (14). Observing the recent price action, it is clear that the market has undergone distinct...
GBP/JPY remains a key focus for traders, with the pair positioned for a potential rise of 109 to 163 pips. This projection is underpinned by the pivotal support level at 193.75, which has so far held firm against bearish pressures. The RSI reading...
The USD/JPY pair continues to capture market attention with its potential for a sharp rise of 89 to 132 pips. Central to this forecast is the pivotal support level at 155.24, a critical area that serves as a foundation for the bullish outlook. The...