The NZDUSD has moved higher on four of five trading days this week, giving buyers something to build on after a sharp decline from the August high. The recovery has included a failed break below the rising 100-hour moving average and two successful tests of that moving average today. Those are encouraging developments for the […]

The GBP/USD pair began rising after taking liquidity from the latest bearish swing and has since gained 260 points. The pound posted solid gains for five consecutive days, invalidating Imbalance 30. This is the first step toward the formation of a bullish trend. In addition, a bullish Order Block and bullish Imbalance 31 have formed.

The Elliott wave count on the four-hour chart for EUR/USD has become more complex. On the higher time frame (lower chart), the downward trend segment has taken the form of a five-wave A-B-C-D-E structure, which could be complete at any time, as it appears structurally complete. All waves in this segment are approximately equal in

The USDCHF traded to its highest level since May 2025 last Wednesday, reaching 0.83944. However, buyers could not keep the momentum going. The next two trading days saw the price tumble to 0.82162, a decline of nearly 178 pips. Since Friday’s low, the selling has slowed, but the buyers have not exactly taken control either.