BAC Keeps Reacting Higher From The Blue Box Area

by elliottwave-forecast.com | June 10, 2024 6:38 pm
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)

by elliottwave-forecast.com | June 10, 2024 6:27 pm
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...

Euro Breaks Key Support Against US Dollar, Downside Risks Emerge

by ForexCycle.com | June 10, 2024 6:57 am
The EURUSD currency pair has broken below the key 1.0788 support level, indicating that the recent upside move from the 1.0600 low has likely completed at the 1.0915 high. This technical breakdown has opened the door for...

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

by elliottwave-forecast.com | June 6, 2024 6:06 pm
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...

Unlock Your Trading Potential with EA Builder

by ForexCycle.com | June 6, 2024 1:03 pm
In the ever-evolving landscape of trading, having the right tools can make all the difference between success and failure. EA Builder is a revolutionary web-based application designed to simplify the creation of custom indicators and automated trading...

The Fed Leads and the Market Follows? It’s a Big Fat MYTH

by ForexCycle.com | June 6, 2024 12:05 pm
By Murray Gunn | Head of Global Research, Elliott Wave International We help investors by analyzing what really drives the markets. Along the way, we often uncover a market myth, something most investors believe moves the markets, but...

Natural Gas Faces Key Resistance, Potential Uptrend Resumption

by ForexCycle.com | June 6, 2024 1:43 am
The natural gas futures contract is currently facing a key resistance level at 2.849. A bullish breakout above this level would likely indicate that the broader uptrend from the 1.574 low on February 19th has resumed. Upside...

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

by elliottwave-forecast.com | June 5, 2024 2:29 pm
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...