With a market capitalization of over $200 billion, PepsiCo (NASDAQ: PEP) is a global leader in the food and beverage industry. It has recently broken into new all-time highs, indicating a potentially bullish outlook for the stock....
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of Microsoft (MSFT) stock. As our members know, the stock is trading within the cycle from the November...
The USDCAD pair has been trading in a uptrend from 1.3300 over the past few weeks. However, on the 4-hour chart, the pair broke below the key support level of 1.3588, indicating that the upside movement from...
USDJPY has broken above the key resistance level at 135.13, indicating that the upside movement from the Mar 24 low of 129.63 has resumed. As long as the price remains above the rising trend line of the...
The AUDUSD currency pair has been in a downtrend since reaching a high of 0.6771 in late April 2023. However, there are now signs that this downtrend may be coming to an end. The pair recently broke...
GBPUSD has been showing strong bullish momentum, as it continues to trade above the key support level at 1.2352. The pair broke above the resistance level at 1.2545, indicating a resumption of the uptrend from the March...
EURUSD has been moving sideways in a range between 1.0909 and 1.1095. This range-bound movement suggests that the market is consolidating. As long as the 1.0909 support level holds, the sideways move could be treated as consolidation...
NASDAQ is currently above a rising trend line on the daily chart, indicating that the market is in an uptrend. The uptrend in NASDAQ started from 10665, and the next target is to test the 13729 resistance...
USDCAD has been moving sideways in a range between the November 2022 low of 1.3225 and the October 2022 high of 1.3976. The sideways move is likely to continue for the next few weeks. The rangebound trading...
USDJPY’s upside movement from the March 24 low of 129.63 has extended to as high as 137.55 and is now facing the resistance level at 137.90. As long as the price remains above the rising trend line...
