The AUDUSD pair has been entrenched in a downtrend since its peak at 0.6817, with the recent bounce from 0.6635 being viewed as a corrective consolidation within this overall downtrend. Traders should closely monitor the price action...
The GBPUSD pair recently experienced a failed attempt to break below the support level at 1.2435 and subsequently rebounded from a low of 1.2442. The price action suggests that the pair is currently facing resistance at the...
The EURUSD pair has been facing challenges as it remains below a significant falling trend line on the 4-hour chart, indicating that the pair is still in a downtrend from the 1.1091 level. The downtrend has persisted...
Sony Group Corporation, commonly known as SONY, is a Japanese multinational conglomerate corporation. As a major technology company, it operates as one of the world’s largest manufacturers of consumer and professional electronic products, the largest video game...
Fortinet Inc (NASDAQ: FTNT) is a global leader in cybersecurity solutions. The company has a strong track record of growth and innovation, and it is well-positioned to continue to dominate the cybersecurity market in the years to...
Trinseo (formerly Styron) is a global materials company based in Berwyn, Pennsylvania, USA. The stock being a component of the Russel2000 index can be traded under ticker $TSE at NYSE. Trinseo offers a broad line of plastics,...
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website. As our members know, the pair is showing bullish...
Cameco Corporation (ticker: $CCJ) is the world’s largest publicly traded uranium company, based in Saskatoon, Saskatchewan, Canada. In 2015, it was the world’s second largest uranium producer, accounting for 18% of world production. This article provides the...
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPNZD. In which, the rally from the 03 February 2023 low unfolded as an impulse sequence and showed a higher high...
Hello Traders! Today, we will look at the shorter cycles of Micron Technology Inc ($MU) and explain why the stock should remain supported in the near term. This is how we saw it back in March 2023 expecting a...