Short Term Forex Analysis
EURUSD Slides Lower: Downtrend Deepening or Temporary Dip?
EURUSD has displayed further weakness, breaching a key support level. This analysis examines the technical situation and explores potential scenarios …USDCHF Breaks Higher: Uptrend Resumes or Bullish False Start?
USDCHF has displayed a bullish breakout after a consolidation phase, hinting at a continuation of the uptrend. This analysis examines …USDJPY Retreats Below Trend Line: Uptrend Paused or Shifting Gears?
USDJPY has encountered a technical hurdle, dipping below a key indicator. This analysis examines the technical situation and explores potential …EURUSD Tumbles Below Support: Downside Acceleration or Temporary Dip?
EURUSD has displayed a fresh wave of weakness, breaching a key support level. This analysis examines the technical situation and …USDCHF Consolidates: Uptrend on Hold or Gathering Momentum?
USDCHF has displayed a recent pause in its upward trajectory, entering a consolidation phase. This analysis examines 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
AMC Entertainment Will Bring Us More Selling Opportunities
AMC Entertainment Holdings, Inc. is an American movie theater chain headquartered in Leawood, Kansas, and the largest movie theater chain …Block, Inc. (NYSE: SQ) 50% Move On The Horizon
Block (NYSE: SQ) (formerly Square, Inc.), is a U.S. public company that provides financial services and mobile payments. In this article, we will be taking a …Ethereum ETHUSD Buying The Dips After Elliott Wave Double Three
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of …Freeport-McMoRan (FCX) Should Continue Upside
Freeport-McMoRan Inc., (FCX) engages in the mining of minerals in North America, South America & Indonesia. It primarily explores for …Bitcoin Perfect Reaction Higher From Blue Box Area
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Bitcoin ticker …