Will NVO (Novo Nordisk) Provide Any Buying Opportunity?

by elliottwave-forecast.com | July 8, 2024 7:10 pm
Novo Nordisk A/S (NVO), a healthcare company engages in the research, development, manufacture & marketing of the pharmaceutical products worldwide. It operates in two segments, Diabetes & Obesity care & Rare Disease. It is based in Denmark,...

USD/JPY Technical Analysis: Pullback from Recent Highs

by ForexCycle.com | July 8, 2024 12:27 am
The USD/JPY pair has recently experienced a pullback from its high of 161.95, breaking below the bottom of the rising price channel visible on the 4-hour chart. This development suggests that we may be entering a consolidation...

Elliott Wave Expects EURUSD to Turn Higher

by elliottwave-forecast.com | July 5, 2024 4:38 pm
Short Term Elliott Wave in EURUSD suggests cycle from 4.16.2024 low is in progress as a 5 waves impulse. Up from 4.16.2024 low, wave 1 ended at 1.0916. Pullback in wave 2 ended at 1.0664 as the...

AUD/USD Continues to Rise on Fed Rate Cut Expectations

by ForexCycle.com | July 5, 2024 10:09 am
The Australian dollar (AUD) extended its gains against the US dollar (USD) on Thursday, July 4th, closing 0.3% higher at 0.6727. This marks the second consecutive day of gains for the AUD/USD pair, following a series of...

BEAMX Buyers Getting Ready for The Next Extreme Area

by elliottwave-forecast.com | July 4, 2024 5:32 pm
BEAMX token is a Confidential Asset issued on top of the Beam blockchain. In today’s article, we’ll dive into the Elliott Wave structure taking place and we’ll explore the potential path based on the Theory. Merit Circle (MC)...

USD/JPY Technical Analysis: Uptrend Continues, Eyes on 163.00

by ForexCycle.com | July 4, 2024 1:25 am
The USD/JPY pair continues to show strength, maintaining its position within a rising price channel visible on the 4-hour chart. This suggests that the uptrend that began at 154.54 remains intact. Bullish Outlook As long as the...

EUR/USD Technical Analysis: Bullish Momentum Continues

by ForexCycle.com | July 4, 2024 1:09 am
The EUR/USD pair has shown impressive strength recently, extending its upward move from the 1.0665 low to reach a high of 1.0816. This bullish momentum suggests further gains may be on the horizon. Short-Term Outlook After a...

SPX in all-time bullish sequence – when is next pullback?

by elliottwave-forecast.com | July 3, 2024 7:07 pm
Hello traders. In this post, we will examine the SPX all-time bullish trend and predict the next significant pullback. The index is close to breaking into a new all-time high, with several such moments already in 2024....

Silver Miners ETF (SIL) Correction In Progress

by elliottwave-forecast.com | July 3, 2024 6:58 pm
SIL (Silver Miners ETF) is a financial product designed to mirror the performance of silver mining companies. It offers investors a straightforward way to gain exposure to the silver market without directly purchasing physical silver or individual...