$MARA: Marathon Digital Holdings Started New Bullish Cycle

by elliottwave-forecast.com | June 1, 2023 7:48 pm
Marathon Digital Holdings Inc. (formerly Marathon Patent Group) is a digital asset technology company. It engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. Founded 2010 and headquartered in...

NASDAQ Reaches New Highs, Faces Resistance at Rising Price Channel

by ForexCycle.com | June 1, 2023 3:35 am
The NASDAQ index has been on an impressive upward trajectory, extending its move to reach as high as 14540. However, it is currently facing a significant resistance level represented by the upper boundary of the rising price...

Treasury Bonds: How This Forecast is Playing Out

by ForexCycle.com | June 1, 2023 3:03 am
By Elliott Wave International The yield on U.S. Treasury bonds trended higher from 1942 to 1981 — that’s 39 years. Interestingly, yields (or interest rates) then trended lower for 39 years (1981 to 2020). Thirty-nine years is quite a...

USDCAD Daily Analysis – June 1, 2023

by ForexCycle.com | June 1, 2023 3:00 am
The USDCAD currency pair has experienced a significant development as it broke below the rising trend line on the 4-hour chart. This break suggests that the previous upside movement from 1.3314 to 1.3654 has potentially reached its...

USDJPY Daily Analysis – June 1, 2023

by ForexCycle.com | June 1, 2023 2:56 am
The USDJPY currency pair has entered a consolidation phase following its previous uptrend from 133.49. Traders are closely monitoring the pair’s price action for potential trading opportunities as it navigates this consolidation period. Currently, there is a...

AUDUSD Daily Analysis – June 1, 2023

by ForexCycle.com | June 1, 2023 2:52 am
The AUDUSD currency pair has experienced an extended downward movement, reaching as low as 0.6457 from its recent peak at 0.6817. The pair remains under pressure, and market participants are closely monitoring its trajectory for potential further...

GBPUSD Daily Analysis – June 1, 2023

by ForexCycle.com | June 1, 2023 2:43 am
The GBPUSD currency pair has been trading in a sideways manner, moving within a range bound by the support level at 1.2307 and the resistance level at 1.2483. This consolidation phase has left traders contemplating the pair’s...

EURUSD Daily Analysis – June 1, 2023

by ForexCycle.com | June 1, 2023 2:37 am
The EURUSD currency pair has experienced a significant extension of its downward movement, reaching as low as 1.0635 from the previous high at 1.1091. Traders are closely monitoring the pair’s price action as it remains below a...

$CHPT : Weekly Buying Opportunity in EV Stock Chargepoint

by elliottwave-forecast.com | May 31, 2023 7:11 pm
Chargepoint Holdings Inc. is an US American electric vehicle infrastructure company. Founded 2007 as Coulomb Technologies, headquartered in Campbell, California, US and traded under the ticker $CHPT at NYSE, it is a component of the Russel1000 index. First of all,...