EURUSD Stages Rebound: Uptrend Resumption or Bearish Correction?

by ForexCycle.com | April 9, 2024 2:10 am
EURUSD has displayed a promising sign, overcoming a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Uptrend Resumption or False Dawn? Alternative Scenario: Correction Within...

USDJPY Stalls: Uptrend Taking a Breather or Shifting Gears?

by ForexCycle.com | April 8, 2024 2:01 am
USDJPY has exhibited choppy price action recently, hovering within a defined range. This analysis examines the technical situation and explores potential scenarios for the currency pair. Trading Range Established: Uptrend on Hold or Gaining Momentum? Support Levels...

USDCHF Tests Support: Uptrend Holding or on the Brink?

by ForexCycle.com | April 8, 2024 1:16 am
USDCHF has encountered a potential turning point, approaching a key level of support. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend Support in Focus: Consolidation or Reversal? Resistance Levels to...

Bob Prechter on the Rich Dad Radio Show

by ForexCycle.com | April 5, 2024 10:26 pm
“Are stocks REALLY overvalued?” — “Are interest rates REALLY going to fall?” — “Who’s going to win the White House in November, Biden or Trump?” — “What are SAFEST ways to invest right now?” You and millions...

EURUSD Stages Rebound: Downside Reversal or Short-Lived Rally?

by ForexCycle.com | April 4, 2024 9:37 am
EURUSD has displayed a promising turnaround, bouncing from a recent low and breaching a key resistance level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Price Recovers from Lows: Further Upside...

GBPUSD Stalls: Downtrend on Pause or Coiling for a Move?

by ForexCycle.com | April 1, 2024 2:38 am
GBPUSD has entered a period of indecision, trading within a defined range for several days. This analysis examines the technical situation and explores potential scenarios for the currency pair. Sideways Stalemate: Downtrend or Consolidation? Looking for Signs...

AI Revolution and NVDA: Why Tough Going May Be Ahead

by ForexCycle.com | March 29, 2024 9:59 am
By Elliott Wave International The topic with all the buzz these days is Artificial Intelligence (AI) and its future. The potential benefits include automating repetitive tasks, enhancing productivity, data analysis, assisting in medical applications — and more....

EURUSD Slides Lower: Downtrend Deepening or Temporary Dip?

by ForexCycle.com | March 28, 2024 10:25 am
EURUSD has displayed further weakness, breaching a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downside Move Gains Traction: Looking for Signs of a Reversal: Uptrend Resumption Signal:...

USDCHF Breaks Higher: Uptrend Resumes or Bullish False Start?

by ForexCycle.com | March 27, 2024 12:54 am
USDCHF has displayed a bullish breakout after a consolidation phase, hinting at a continuation of the uptrend. This analysis examines the technical situation and explores potential scenarios for the currency pair. Uptrend Reignited: Bullish Momentum Building: Support...

USDJPY Retreats Below Trend Line: Uptrend Paused or Shifting Gears?

by ForexCycle.com | March 26, 2024 1:36 am
USDJPY has encountered a technical hurdle, dipping below a key indicator. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Hit a Speed Bump: Support Levels to Watch: Upside Potential Still...