EURUSD likely completed an ending diagonal pattern last week near 1.1631. The short-term trend now points downward. The next downside targets are 1.1065, and possibly 1.0733. Starting from the May 12 ...

Yes, I also want to receive FXStreet promotions and offers. By subscribing you agree to our Terms and conditions. EUR/USD rapidly reverses course and hits fresh YTD tops near 1.1780 at the end of the ...

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Cable made a strong rebound from the 1.3135 support, suggesting the market could be bottoming, possibly completing an ABC, zigzag pattern. So, with the current break above the channel resistance line ...

We side with the bulls, but for a very different reason. We lean bullish, because of the textbook Elliott Wave setup on the 4-hour chart of United Natural Foods. It consists of a five-wave impulse ...

Namely, it appears that the index is morphing into a larger ending diagonal (ED), a 3-3-3-3-3 pattern, as the November-January rally (orange W-1) comprises three waves: blue W-a, -b, and -c. Moreover, ...

News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP The decline that began on July 1 appears to be the beginning stages of wave ((ii)). The first wave of the decline, wave (a), ...

Gold prices hold near record highs, with CoinCodex forecasting a move toward $5,000, while Elliott Wave charts signal ...

The metals market continues to recoil from the big round number zones of gold $4000, silver $50, CDNX 1000, and GDXJ $100. Of course, nothing fundamentally has changed for gold… It was the world’s ...