AT&T Inc. (T) Reacted from the Blue Box and Rally Must Continue

by elliottwave-forecast.com | September 16, 2024 8:16 pm
AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world’s largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. AT&T (T) Monthly...

Discover What Really Drives Market Action

by ForexCycle.com | September 16, 2024 2:10 am
Jobs report, consumer price inflation data, Fed interest rates decision… NOISE! Everyone waits on the news to tell them what the markets will do. That kind of thinking is backwards. To help you understand what’s really moving the markets so you...

EUR/USD Update: Breakout Above Resistance but in Longer-Term Downtrend

by ForexCycle.com | September 16, 2024 1:56 am
The EUR/USD pair has successfully broken above the 1.1050 resistance, indicating that the downside move from 1.1154 may have completed at 1.1001. Despite this positive movement, the pair remains within a falling price channel on the 4-hour...

Why We Tip Our Hat to Warren Buffett

by ForexCycle.com | September 12, 2024 1:22 am
By Elliott Wave International Warren Buffett recently acknowledged that he’s playing in overtime in this thing we call life. At 93, the acclaimed investor is still very much in the game and making his moves. Our August Elliott...

USD/CHF Bounce Faces Key Resistance: What’s Next?

by ForexCycle.com | September 12, 2024 12:56 am
USD/CHF has extended its bounce from 0.8374 to a high of 0.8532, but it is now facing resistance from the falling trend line on the 4-hour chart. Downside Scenario: Upside Potential: Conclusion USD/CHF’s bounce is facing key...

EURCAD Two-Year Bullish Sequence extends from the Blue Box

by elliottwave-forecast.com | September 11, 2024 6:07 pm
Hello traders, welcome to another trade review blog post where we discuss setups from the blue box. In this one, we will look at a recent setup on the EURCAD. We shared this setup with members of...

Elliott Wave View on Nifty Remains Bullish Against August Low

by elliottwave-forecast.com | September 11, 2024 5:59 pm
Short Term Elliott Wave view on NIFTY suggests that rally to 25078.3 ended wave ((3)). Pullback to 23900 ended wave ((4)) with internal subdivision as a zigzag Elliott Wave structure. Down from wave ((3)), wave (A) ended...

MicroStrategy ( MSTR ) Potential Daily Buying Area

by elliottwave-forecast.com | September 11, 2024 5:49 pm
MicroStrategy (NASDAQ: MSTR) is currently still one of the best performing stocks of 2024. In our previous article, we explained the bullish nature of the impulsive structure taking place and what we expect next. In this article, we’ll take a look...

WTI Remains in a Downtrend: Key Levels to Watch

by ForexCycle.com | September 11, 2024 1:26 am
WTI crude oil continues to trade within a falling price channel on the 4-hour chart, signaling that the downtrend from 77.14 is still in place. Key Downside Targets: Upside Potential: Conclusion WTI remains in a downtrend, but...

EUR/USD Breaks Key Support: Further Decline Expected

by ForexCycle.com | September 11, 2024 12:45 am
EUR/USD has broken below the crucial 1.1026 support level, signaling a potential continuation of its downward trend. What to Expect Next: Conclusion With EUR/USD breaking below key support at 1.1026, the downtrend is expected to continue unless...