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GBP/USD: Elliott wave analysis and forecast for 10.04.26–17.04.26 | LiteFinance
2026.04.10 2026.04.10 GBP/USD: Elliott Wave Analysis and Forecast for 10.04.26–17.04.26 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 1.3165 with a target of 1.3870–1.4300. A buy signal: the price holds above 1.3165. Stop Loss: below 1.3125, Take Profit: 1.3870–1.4300. Alternative scenario: Breakout…
Chart Art: Is AUD/USD Ready to Extend Its Downtrend?
End-of-month flows and a lack of fresh catalysts helped push AUD/USD back up from its November lows. We’ve spotted a potential resistance zone that might kickstart another downswing for the comdoll pair! Here’s what we’re looking at in the 4-hour time frame: AUD/USD 4-hour Forex Chart by TradingView Major U.S. dollar counterparts like the Aussie…
China’s Stimulus Boosts Yuan and Shares – Action Forex
China has unveiled stimulus measures to boost the economy. The scale is not impressive – it is not an all-out crisis salvo but rather an attempt to stop a slide here and there. The People’s Bank of China announced a 0.2 percentage point cut in benchmark interest rates and a 0.25-0.50 percentage point cut in…
Range Breakout Bot MT5 tutorial
This tutorial applies to the EA ‘Range Breakout Bot MT5‘ (MT5 version) whose product page is accessible by clicking on the image below: Get the MT4 version here! First of all, this EA alerts (if option checked) when a symbol enters into a range phase. Then, it will wait for breakout of the range (with…
EURUSD Faces Persistent Bearish Pressure Near 1.06610
EURUSD Succumbs to Seller Dominance The EURUSD pair faces consistent bearish pressure around the critical 1.06610 level, entrenched in a downward trend as sellers hold control. This trend is largely driven by a strengthening US dollar amid a risk-off market sentiment and a softening Euro. EURUSD Market Levels: Resistance Levels: 1.08000, 1.07400 Support Levels: 1.06610,…
Trump Speech Sends Shock Waves Through World Financial Markets – Currency Thoughts
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