Elliott Wave Analysis Favors DAX to Extend Higher

by elliottwave-forecast.com | April 26, 2024 1:08 pm
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The...

USDJPY Charges Higher: Uptrend Confirmed or Bullish Momentum Extended?

by ForexCycle.com | April 26, 2024 11:23 am
USDJPY’s price action suggests continued strength. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Maintains Uptrend: Upside Targets in Focus: Support Levels to Consider: Overall Sentiment: The technical outlook for...

GBPUSD Rebounds: Correction or Uptrend in Sight?

by ForexCycle.com | April 26, 2024 11:01 am
GBPUSD has displayed positive momentum, climbing from recent lows. This analysis examines the technical situation and explores potential scenarios for the currency pair. GBPUSD Stages Rally: Uptrend or Correction? Trend Line in Focus: Downtrend Shadow Looms: Support...

EURUSD Climbs: Uptrend Resumption or Bullish Correction?

by ForexCycle.com | April 26, 2024 10:38 am
EURUSD has displayed renewed buying pressure, breaking above key resistance. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Stages Rally: Uptrend or Correction? Price Channel in Focus: Downtrend Shadow Looms:...

This “Bullish Buzz” Reaches Highest Level in 53 Years

by ForexCycle.com | April 25, 2024 6:33 am
By Elliott Wave International Yes, there’s been a recent pickup in stock market volatility, but overall, bullish sentiment remains very much alive and well. Indeed, here’s a Feb. 18 Yahoo! Finance headline: A Bull Market is Here....

USDJPY Soars: Uptrend Confirmation or Bullish Breakout?

by ForexCycle.com | April 25, 2024 4:29 am
USDJPY has displayed a significant bullish move, potentially breaking out of a recent range. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Breaches Resistance: Uptrend Confirmation and Targets: Support Levels...

AUDUSD on the Rise: Correction or Trend Reversal?

by ForexCycle.com | April 25, 2024 3:40 am
AUDUSD has displayed renewed strength, extending its recent gains. This analysis examines the technical situation and explores potential scenarios for the currency pair. AUDUSD Stages Rally: Upside Potential and Targets: Support Levels to Consider: Overall Sentiment: The...

GBPUSD Reverses Course: Downtrend Over or Bullish Correction?

by ForexCycle.com | April 25, 2024 2:56 am
GBPUSD’s recent price action indicates a potential shift in momentum. This analysis examines the technical situation and explores potential scenarios for the currency pair. GBPUSD Breaks Above Trend Line: Upside Potential and Targets: Support Levels to Consider:...

$YM_F Dow Futures Reacting Higher After Double Correction Lower

by elliottwave-forecast.com | April 24, 2024 12:34 pm
This technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: $YM_F. We presented to members at the elliottwave-forecast. The rally from the 03 October 2022 low unfolded as...