The USDCHF currency pair’s bearish trend, which commenced from its peak on January 13, 2026, illustrates a classic case of market behavior influenced by the Elliott Wave theory. This analytical approach segments price movements into discernible waves, allowing traders to anticipate potential shifts in momentum. Since reaching its apex, USDCHF has delineated a series of
Technical Analysis
In a surprising turn of events, Ethereum (ETH) has displayed remarkable resilience and sharp upward momentum, showing a staggering 15% increase that has propelled it past the critical $1,750 resistance mark. This surge is not merely the result of market volatility but indicates a deeper shift in investor sentiment and market dynamics. What’s pivotal in
In recent trading sessions, gold has displayed volatility, plunging to $3300 for the second consecutive day after reaching an impressive record high of $3500 just a day prior. This retreat has sent ripples across the investment community, primarily driven by profit-taking activities from investors who were keen to capitalize on the unprecedented surge. The fleeting
The recent decline of the USD/JPY exchange rate, dipping below the pivotal 140 yen per dollar threshold, marks a significant moment in the financial markets this year. This is not just a statistical anomaly; it signals a broader shift in economic fundamentals that could reshape currency relationships for the foreseeable future. As of 2025, the
Gold prices have recently taken a significant leap, breaking through the $3,250 resistance level and reaching a remarkable new peak of $3,384. This surge is emblematic of a broader bullish trend in precious metals and hints at a growing sentiment among investors. The formation of a key bullish trend line, with solid support established at
The EURUSD currency pair is currently experiencing an invigorating upward trajectory, instigated by the principles of Elliott Wave analysis. Observing the market since its notable low point on September 26, 2022, traders have witnessed a consistent climb. While the ambitious target of 1.19 remains unattained, this aspect signals that the pair has substantial potential for
The USD/JPY currency pair has entered tumultuous waters, witnessing a pronounced downward trend beneath the critical 145.00 threshold. This currency pairing was initially expected to rebound; however, the U.S. Dollar has struggled to gain traction against the Japanese Yen. As it stands, the pair has decisively penetrated key support levels, diminishing its long-term bullish momentum,
The currency market is traditionally sensitive to political decisions, and the current state of the US dollar is a perfect example. Recent actions taken by President Trump have kept traders on their toes, particularly regarding tariffs on Chinese technology products. While these tariffs aim to protect American interests, they have inadvertently sown doubt in the
Ethereum has recently faced significant turbulence, tumbling below the critical $2,000 threshold alongside Bitcoin’s sharp declines. The cryptocurrency market is notorious for its volatility, and recent trends reflect the underlying uncertainty that plagues digital assets. However, Ethereum appears to be staging a robust recovery after a dip to approximately $1,375, suggesting potential bullish momentum on
In the tumultuous financial landscape of global trading, the Japanese Yen (JPY) remains a critical player, renowned for its status as a safe haven. Traders contemplating yen cross trades should first take stock of the yen’s individual performance alongside a comprehensive analysis of the respective currency index involved. By delving into the specifics of the
In recent weeks, the Euro has showcased a remarkable resurgence against the US Dollar, demonstrating a robust bullish trend that has piqued the interest of traders and market analysts alike. As the EUR/USD pair surged past critical resistance levels including 1.1200 and even touching 1.1473, it has signaled a change in market sentiment — one
The foreign exchange landscape is witnessing an intriguing shift, particularly within the USD/JPY pairing. The currency pair has embarked on a noticeable decline, consistently faltering below key psychological barriers like 146.50. This downturn is underscored by a significant rejection observed near the 148.25 mark, indicating that bulls are increasingly losing their grip on this currency.