Enbridge Inc. ($ENB) Is Poised To Rally Soon From a Blue Box Area.

by elliottwave-forecast.com | August 1, 2023 3:13 pm
Hello Traders! Today, we will look at the Monthly and Weekly Elliott Wave structure of Enbridge Inc. ($ENB) and explain why the stock is at a Generational low and a Multi Year Rally should happen soon. Enbridge...

USDJPY Daily Analysis – August 1, 2023

by ForexCycle.com | August 1, 2023 7:11 am
USDJPY has successfully broken above the resistance level at 141.94, indicating the resumption of the uptrend from 137.23. With this breakout, it becomes plausible to anticipate further upward movement in the upcoming days. The next potential target...

AUDUSD Daily Analysis – August 1, 2023

by ForexCycle.com | August 1, 2023 7:02 am
AUDUSD is currently below the descending trend line on the 4-hour chart, indicating its continued downtrend from 0.6894. The recent price action from 0.6622 is likely a period of consolidation within this downtrend. As long as the...

GBPUSD Daily Analysis – August 1, 2023

by ForexCycle.com | August 1, 2023 6:54 am
GBPUSD is currently experiencing a downtrend that initiated from 1.3141, and the recent bounce from 1.2762 is likely a consolidation phase within this downtrend. As long as the resistance of the trend line remains intact, it is...

EURUSD Daily Analysis – August 1, 2023

by ForexCycle.com | August 1, 2023 6:43 am
The EURUSD pair remains entrenched in a downtrend, stemming from 1.1275. The recent bounce from 1.0943 is likely a period of consolidation within the overall downtrend. As long as the price stays below the falling trend line...

Crocs Inc (CROX) Favors Corrective Pullback Before Rally Resumes

by elliottwave-forecast.com | July 31, 2023 4:02 pm
Crocs Inc., (CROX) designs, manufactures, markets & distributes casual lifestyle footwear & accessories for men, women & children worldwide. The company sells its products in approximately 85 countries through wholesalers, retail stores, e-commerce sites & third-party marketplaces....

NZDJPY Found Buyers After Elliott Wave Double Three Pattern

by elliottwave-forecast.com | July 31, 2023 3:46 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NZDJPY forex pair published in members area of the website.  As our members know NZDJPY has recently ...

LE #F: Live Cattle Futures Trading within Monthly Bullish Sequence

by elliottwave-forecast.com | July 31, 2023 3:24 pm
Live Cattle is a livestock commodity within the agriculture asset class, along with lean hogs, feeder cattle and porc cutouts. Once the feeder cattle have reached the target weigh of 1050-1500 pounds, they can be referred to...

USDCAD Daily Analysis – July 31, 2023

by ForexCycle.com | July 31, 2023 2:44 am
USDCAD has successfully broken above the resistance level at 1.3242. This breakout suggests that a further rally is likely to occur in the coming days, with the next target set at 1.3300, followed by the previous high...

USDJPY Daily Analysis – July 31, 2023

by ForexCycle.com | July 31, 2023 2:35 am
USDJPY has recently broken above the falling trend line on the 4-hour chart, indicating that the previous downside movement from 141.94, which reached as low as 138.05, has concluded. With this breakout, a further rally could be...