Short Term Forex Analysis
EURUSD Slides Below Channel Support: Downside or Short-Lived Dip?
EURUSD has experienced a technical setback, breaching the lower boundary of a key indicator on its 4-hour chart. This analysis …AUDUSD Tumbles Below Support: Uptrend Over or Temporary Dip?
AUDUSD has displayed a fresh wave of decline, breaking below a key support level. This analysis examines the technical situation …EURUSD Meets Support: Will the Uptrend Hold?
EURUSD has encountered a potential turning point, reaching a critical area on the technical chart. This analysis examines the current …USDCHF Soars: Downtrend Defeated or Bullish Illusion?
USDCHF has displayed a remarkable surge, decisively breaking above key resistance levels. This analysis examines the technical situation and explores …USDJPY Stages Reversal: Bulls Back in Control?
USDJPY has displayed a significant shift in momentum, breaking above a key resistance level. This analysis explores the technical situation …
Long Term Forex Analysis
USDCAD: Stuck in a Range, Eyes on 1.3977 and 1.3092
USDCAD has been trapped in a lateral dance between 1.3092 and 1.3977 for months, frustrating traders with its indecisiveness. The …EURUSD: Stuck in Neutral, Awaiting Breakout or Breakdown
EURUSD has been stuck in a holding pattern for months, trapped within a trading range between 1.0447 and 1.1275. The …USDJPY Rebounds, Potential for Upside Move in Long-term
USDJPY has rebounded from the support level at 140.25, with the falling trend line on the weekly chart providing additional …USDCAD Weekly Analysis – August 5, 2023
USDCAD is currently confronting the resistance of the falling trend line on the weekly chart. As long as the price …USDJPY Weekly Analysis – August 5, 2023
USDJPY is within a rising price channel on the weekly chart, and it remains in a long-term uptrend from 127.21. …
Special Focus
XAUUSD Analysis: Bullish Bias Holds, Eyes on 2088.24 and Beyond
Gold (XAUUSD) remains locked in an uptrend, having recently found support at the rising trend line on the daily chart. …NASDAQ Fell Below Channel Support
The NASDAQ index recently experienced a significant development as it fell below the lower boundary of the ascending price channel …NASDAQ Technical Analysis: Uptrend Continues
NASDAQ has recently extended its upward trend, rising from 11678 to as high as 15947. As long as the price …WTI Oil Price: Upside Move Continues
WTI has recently extended its upward trend, rising from 63.95 to as high as 79.76 and breaking above the 74.65 …NASDAQ Reaches New Highs, Faces Resistance at Rising Price Channel
The NASDAQ index has been on an impressive upward trajectory, extending its move to reach as high as 14540. However, …
Daily Forex Reports
Adobe Inc. ($ADBE) Is Poised To Rally Soon From a Blue Box Area.
Hello Traders! Today, we will look at the Daily Elliott Wave structure of Adobe Inc. ($ADBE) and explain why the …$BKNG: Buying Booking Holdings Stock in a Pullback
Booking Holdings Inc. is an US American travel technology company. It owns and operates several travel fare aggregators and travel fare metasearch engines including …Costco Wholesale ( COST ) Grand Super Cycle Upside Target
Costco Wholesale Corporation (Nasdaq: COST) went public on December 5, 1985 at $10.00 per share (before stock splits). It’s considered …$MARA: Buying Opportunity in Marathon Digital Holdings in 7 Swings
Marathon Digital Holdings Inc. (formerly Marathon Patent Group) is a digital asset technology company. It engages in mining cryptocurrencies, with …OIL (CL_F) Elliott Wave: Buying The Dips At The Blue Box
Hello fellow traders. As our members know , Oil has recently given us good buying opportunity . In this technical …