USDJPY Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 3:06 am
The USDJPY currency pair has experienced a notable upside move, extending from 133.49 to reach a high of 142.24. This upward momentum suggests that further gains may be in store for the pair in the coming days....

AUDUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:54 am
The AUDUSD currency pair experienced a significant development as it broke below the rising price channel on the 4-hour chart. This breach suggests that the upside move from 0.6457 has potentially completed at the recent high of...

GBPUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:42 am
The GBPUSD currency pair has demonstrated resilience, remaining within a rising price channel on the 4-hour chart and sustaining its uptrend from 1.2307. The recent pullback from the high of 1.2847 can be seen as a consolidation...

EURUSD Daily Analysis – June 20, 2023

by ForexCycle.com | June 20, 2023 2:31 am
The EURUSD currency pair has shown resilience, staying above a rising trend line on the 4-hour chart and remaining in an uptrend from 1.0635. The recent pullback from the high of 1.0970 can be viewed as a...

Tesla Inc. ($TSLA) Reacts Higher From The Blue Box Area.

by elliottwave-forecast.com | June 19, 2023 9:00 pm
Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of Tesla Inc. ($TSLA) The rally from 6.06.2023 low unfolded as a 5 wave impulse with an incomplete...

USDSGD: Wave ((iv)) Found Sellers At Equal Legs Area

by elliottwave-forecast.com | June 19, 2023 8:42 pm
Hello Traders, in this article we will go through how USDSGD reacted lower after reaching an equal legs area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area...

ZO #F: Will Next Bullish Cycle in Oats Inflate the Breakfast?

by elliottwave-forecast.com | June 19, 2023 8:07 pm
Oats are one of the grain commodities, along with soft red wheat, hard red wheat, corn, soybeans and others. The oat (Avena sativa) is a species of cereal grain grown for its seed. While oats are suitable for human consumption as oatmeal and rolled oats, one of the...

Is Costco Wholesale (COST) Ready For The Next Rally?

by elliottwave-forecast.com | June 19, 2023 7:39 pm
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China & Taiwan together with its subsidiaries. It offers branded...

JPMorgan (JPM) Shares Are Not Ready For A Pullback

by elliottwave-forecast.com | June 19, 2023 6:29 pm
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in...

USDCAD Daily Analysis – June 19, 2023

by ForexCycle.com | June 19, 2023 1:06 am
The USDCAD currency pair has extended its downward move, declining from its recent high of 1.3654 to as low as 1.3177. The pair remains below the falling trend line on the 4-hour chart, indicating a continuation of...