Platinum’s May-June Selloff: When the “Fundamental” Chips Fall

by ForexCycle.com | July 12, 2023 9:44 am
By Elliott Wave International If I had a nickel for every time someone asked me what value “fundamentals” serve in navigating financial markets, well… let’s just say I could’ve retired to the Poconos years ago. And the...

USDCAD Daily Analysis – July 12, 2023

by ForexCycle.com | July 12, 2023 9:41 am
The USDCAD currency pair has been on a sustained downward trajectory, extending its decline from 1.3386 to a recent low of 1.3199. This drop has been accompanied by a break below the key support level at 1.3202,...

USDJPY Daily Analysis – July 12, 2023

by ForexCycle.com | July 12, 2023 9:30 am
The USDJPY currency pair has experienced a persistent decline, extending its downward move from 145.06 to a recent low of 139.30. This drop has been accompanied by a break below the support level at 139.84, signaling further...

AUDUSD Daily Analysis – July 12, 2023

by ForexCycle.com | July 12, 2023 9:06 am
The AUDUSD currency pair has made a significant breakthrough, surpassing the key resistance level at 0.6720. This upward move has ignited optimism among traders and analysts, who anticipate further gains in the near future. With the next...

GBPUSD Daily Analysis – July 12, 2023

by ForexCycle.com | July 12, 2023 8:50 am
The GBPUSD currency pair has experienced a noteworthy upward movement, extending its gains from 1.2590 to a recent high of 1.2968. This surge in value has sparked speculation among traders and analysts regarding the potential for further...

EURUSD Daily Analysis – July 12, 2023

by ForexCycle.com | July 12, 2023 8:15 am
The EURUSD currency pair has experienced an extended upside move from its recent low of 1.0833, reaching as high as 1.1036. This upward momentum has generated optimism among traders, who are now eyeing further gains in the...

Navigating 3M’s (MMM) Downside Pressure and Long-Term Prospects

by elliottwave-forecast.com | July 11, 2023 5:53 pm
3M Company (NYSE: MMM) is a globally recognized leader in innovation, manufacturing, and technology solutions. With a rich history spanning over a century, 3M has established itself as a trusted name in various industries. In this article,...

$NVAX: Novavax Starts New Bullish Cycle From Weekly Buying Area

by elliottwave-forecast.com | July 11, 2023 5:40 pm
Novavax, Inc. is an US American biotechnology company. Founded in 1987 and headquartered in Gaithersburg, Maryland, USA, it is a part of Russel1000 index. Investors can trade it under the ticker $NVAX at NASDAQ as well as...

Amazon.com Inc. ($AMZN) Reacts Higher From The Blue Box Area.

by elliottwave-forecast.com | July 11, 2023 5:18 pm
Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of Amazon.com Inc. ($AMZN) The rally from 6.26.2023 low unfolded as a 5 wave impulse with an incomplete...

RCL (Royal Caribbean Group) : The Symbol Reaches Definition Area

by elliottwave-forecast.com | July 11, 2023 5:02 pm
Royal Caribean has been one of the stronger symbols in the sector. The Symbol ended the Grand Super Cycle back on 01.29.2018 and did a powerful three waves back. The pullback ended on 03.13.2020, and the stock...