GBPAUD Reacting Higher From Elliott Wave Extreme Area

by elliottwave-forecast.com | June 4, 2024 7:51 pm
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

by elliottwave-forecast.com | June 4, 2024 7:42 pm
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...

Crude Oil Downtrend Resumes After Breaking Key Support

by ForexCycle.com | June 4, 2024 1:22 am
The WTI crude oil futures contract has broken below the key 76.01 support level, plunging as low as 73.65 in recent trading sessions. This technical breakdown suggests that the broader downtrend from the 87.07 high on April...

Euro Breaks Out Against US Dollar, Uptrend Resumes

by ForexCycle.com | June 4, 2024 12:51 am
After a period of consolidation, the EURUSD currency pair has broken out above the key 1.0894 resistance level, extending its upside move that originated from the 1.0600 low. The rally has carried the pair as high as...

S&P 500 E-Mini (ES_F) Forecasting the Bounce From the Extreme Zone

by elliottwave-forecast.com | June 3, 2024 7:17 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of S&P 500 E-Mini (ES_F) Futures published in members area of the website.  Our members know ES_F completed cycle...

Gold Miners Junior ETF (GDXJ) Pullback Should Find Buyers

by elliottwave-forecast.com | June 3, 2024 6:42 pm
GDXJ, or the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap gold mining companies. It provides investors exposure to junior gold mining companies, which are typically smaller and more...

IBEX Elliott Wave: Buying the Dips at the Blue Box Area

by elliottwave-forecast.com | May 31, 2024 4:57 pm
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of IBEX published in members area of the website.  IBEX is showing impulsive bullish sequences in the cycle from...