USDJPY Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 1:04 am
The USDJPY currency pair has been trading within a defined range, with the upper limit at 140.91 and the lower boundary at 138.42. This sideways movement suggests a period of consolidation for the uptrend that originated from...

AUDUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 1:00 am
The AUDUSD currency pair has displayed impressive strength, extending its upward move from 0.6457 to reach as high as 0.6806. This surge indicates a continuation of the bullish trend that has been in place for some time....

GBPUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 12:56 am
The GBPUSD currency pair has been showing resilience as it maintains its upward trajectory from the 1.2307 level. However, in recent trading sessions, the pair has encountered resistance at the upper boundary of a rising price channel...

EURUSD Daily Analysis – June 14, 2023

by ForexCycle.com | June 14, 2023 12:51 am
The EURUSD currency pair has been exhibiting an uptrend since its low at 1.0635, demonstrating a bullish bias in recent trading sessions. Traders are now closely observing the potential for further upside momentum in the pair. Currently,...

Gold Miners Junior (GDXJ) Preparing for the Next Move Higher

by elliottwave-forecast.com | June 13, 2023 7:28 pm
GDXJ ETF, also known as the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap companies involved in the gold mining industry. The ETF is designed to provide investors with...

SPY Reacting Higher Perfectly From The Blue Box Area

by elliottwave-forecast.com | June 13, 2023 7:14 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of SPY. We presented to members at the elliottwave-forecast. In which, the rally from 24 May 2023 low unfolded as an impulse structure....

PulteGroup (PHM) Riding the Wave of a Booming Real Estate Market

by elliottwave-forecast.com | June 13, 2023 7:02 pm
PulteGroup, Inc. (NYSE: PHM), a leading homebuilder in the United States, has been at the forefront of the booming real estate market. With a strong track record and a solid reputation, PulteGroup has positioned itself as a...

TSLA: Weekly Blue Box May Lead Tesla Towards New Highs

by elliottwave-forecast.com | June 13, 2023 6:44 pm
Hello Traders, in this article we will analyze the Weekly cycle of TSLA ( Tesla ) and explain how might be calling for new highs. Tesla, Inc is an American multinational automotive and clean energy company headquartered...

USDCAD Daily Analysis – June 13, 2023

by ForexCycle.com | June 13, 2023 7:24 am
The USDCAD currency pair has been trading in a sideways manner, confined within a trading range between 1.3312 and 1.3387. This consolidation phase suggests a period of indecision and balance between buyers and sellers in the market....