S&P 500 Elliott Wave Analysis by Ivo Luhse highlights a strong five-wave advance since Oct 2022, with Wave 5 pushing above 4760. This move may test or exceed the Jan 2022 highs near 4818, potentially marking the final leg of this cycle. Traders should watch for key resistance levels as the wave completes. #ElliottWave #SP500 #MarketAnalysis
EUR/USD sits at a crucial crossroads. Recent price action and mixed technical signals suggest the calm may be a setup for a sharp move. Traders ignoring macroeconomic shifts and underlying liquidity dynamics risk falling into a classic trap. Caution and confirmation needed before positioning.
As 2025 progresses, traders eye the Federal Reserve minutes as the key test for USD direction against the Pound Sterling. Diverging central bank policies and mixed inflation signals keep GBP/USD volatile. The Fed’s insights on inflation and rate cuts will be critical in shaping near-term market moves.
— Adam Solomon, Currency News UK
USD/CAD has slipped below its key support at 1.3600, signaling a stronger bearish bias amid U.S. dollar weakness and rising crude oil prices boosting the Canadian dollar. Technical indicators confirm downward momentum, with potential for further declines if support levels fail to hold. The interplay of central bank policies and macro factors will shape the near-term outlook. More analysis from FxWirePro via EconoTimes.
Palladium remains in a key corrective phase after a strong impulse wave earlier in 2025. Current support near $950–$900 aligns with important Fibonacci levels, while resistance between $1030–$1050 may limit near-term gains. Watch for a break above $1120 to confirm bullish reversal. Indicators suggest cautious optimism amid mixed automotive demand and ongoing supply concerns. Traders should monitor price action closely for next directional cues. #Palladium #TechnicalAnalysis
Elliott Wave analysis of the S&P 500 as of Dec 29, 2023, reveals a strong 15% rally since October that may signal the start of a new five-wave impulse or a counter-trend within a larger corrective phase. Traders should watch for possible early 2024 shifts as patterns unfold. #SP500 #ElliottWave
US dollar weakens amid rising expectations that the Federal Reserve will begin cutting rates later this year. Softer US economic data and dovish Fed comments support gains in EUR/USD and GBP/USD. Key levels and momentum indicators suggest further upside potential for both pairs as the market anticipates a policy pivot. Stay tuned for evolving dynamics in the major currency crosses.
GBP/USD is testing a key resistance zone near 1.2800–1.2850, with technical signals and fundamental factors pointing toward a bearish continuation. Diverging central bank policies and weakening momentum suggest the pound may face renewed selling pressure soon. Credit: Bollywood Helpline
USD/CAD breaks below key support at 1.3600, confirming bearish momentum as technical indicators align with ongoing U.S. dollar weakness and rising oil prices bolstering the Canadian dollar. Focus shifts to 1.3550 and 1.3500 levels amid central bank policy divergence.
Palladium has faced notable bearish pressure in late 2025, forming a corrective A-B-C wave pattern after a strong impulse rally. Technical indicators show price trading below key moving averages with RSI in oversold territory, near critical support around $900-$950. Watch for potential stabilization or rebound, though resistance near $1100-$1150 remains a challenge. Fundamental automotive demand and supply constraints continue to influence price dynamics.
