Short Term Forex Analysis
USDJPY Charges Higher: Uptrend Confirmed or Bullish Momentum Extended?
USDJPY’s price action suggests continued strength. This analysis examines the technical situation and explores potential scenarios for the currency pair. …GBPUSD Rebounds: Correction or Uptrend in Sight?
GBPUSD has displayed positive momentum, climbing from recent lows. This analysis examines the technical situation and explores potential scenarios for …EURUSD Climbs: Uptrend Resumption or Bullish Correction?
EURUSD has displayed renewed buying pressure, breaking above key resistance. This analysis examines the technical situation and explores potential scenarios …USDJPY Soars: Uptrend Confirmation or Bullish Breakout?
USDJPY has displayed a significant bullish move, potentially breaking out of a recent range. This analysis examines the technical situation …AUDUSD on the Rise: Correction or Trend Reversal?
AUDUSD has displayed renewed strength, extending its recent gains. This analysis examines the technical situation and explores potential scenarios for …
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
Optimism $OP Bulls Are Getting Ready to Take Over
Optimism is a Layer 2 Optimistic Rollup network designed to utilize the strong security guarantees of Ethereum while reducing its cost …NVIDIA (NVDA) Buying The Dips After Elliott Wave Double Three Pattern
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of …Elliott Wave Analysis Favors DAX to Extend Higher
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up …Elliott Wave Intraday Analysis on GBPUSD Shows 5 Waves Bullish Impulse
Elliott Wave view on GBPUSD suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from …$YM_F Dow Futures Reacting Higher After Double Correction Lower
This technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: …