Daily Forex Reports – Page 49 – Forex Market Analysis

SPDR Energy ETF ( $XLE) Found Sellers at the Blue Box Area as Expected.

Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Energy ETF ($XLE). The decline from 5.31.2024 high at $93.45 unfolded as 5 waves impulse. So,...

BAC Keeps Reacting Higher From The Blue Box Area

This technical blog will look at the past performance of the 1-hour Elliott Wave Charts of BAC. We presented to members at the elliottwave-forecast. The rally from 30 May 2024 low unfolded as an impulse structure. Showing a higher...

McDonald’s MCD Started a Retracement as Wave (II)

McDonald’s (MCD) is the world’s largest fast food restaurant chain, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021. It is best known for its hamburgers, cheeseburgers and...

Ronin $RON gearing up for the next leg to the upside

RON is the native cryptocurrency of Ronin which is an EVM blockchain crafted for developers building games with player-owned economies. In today’s article, we’ll dive into the daily Elliott Wave structure taking place and we’ll explore the...

Copper Elliott Wave Analysis: shorter cycles expect further decline

Hello traders. Welcome to a new commodity blog post. In this one, we will look at the Copper Elliott wave analysis from our team of analysts. We will especially look at an Elliottwave path discussed in of...

Short Term Elliott Wave Structure in Oil (CL_F) Favors Downside

Short Term Elliott Wave in Oil (CL_F) shows incomplete Elliott Wave bearish sequence from 04.12.2024 high. Down from there, wave 1 ended at 76.15 like the 1 hour chart below shows. Rally in wave 2 unfolded in...

iShares 20+ Year Bond ETF ( $TLT) Bullish Structure Calling for More Upside Against Oct 2023.

Hello Traders! Today, we will look at the 4H Elliott Wave structure of iShares 20+ Year Bond ETF ($TLT) and explain why the ETF should see more upside after pulling back in a Zig-Zag correction and reaching...

GBPAUD Reacting Higher From Elliott Wave Extreme Area

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of GBPAUD. In which, the rally from the 09 May 2024 low unfolded in a corrective sequence but provided an...

LLY Should Find Support In Pullbacks

Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It is based in Indianapolis, Indiana, US, comes under Healthcare sector & trades as “LLY” ticket at NYSE. As showing in the previous article from...

Bearish Elliott Wave Sequence in Dollar Index (DXY) Favors Downside

Short Term Elliott Wave in Dollar Index (DXY) shows incomplete bearish sequence from 4.17.2024 high. Down from there, wave 1 ended at 104.08 like the 1 hour chart below shows. Rally in wave 2 unfolded in a...