EURUSD Market Analysis: Navigating the Downward Trend

by ForexCycle.com | January 30, 2024 6:41 am
The EURUSD’s market dynamics have been highlighting a consistent downturn, ensconced within a falling price channel. Falling Price Channel and Continued Downtrend Placed within a declining price channel on the 4-hour chart, the EURUSD pair remains adherent...

$DWAC: Digital World Acquisition Corporation Stock Turning Higher

by elliottwave-forecast.com | January 29, 2024 9:12 pm
Digital World Acquisition Corporation is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the company may...

Meta Stock : Another Buying Opportunity After 3 Waves Pull Back

by elliottwave-forecast.com | January 29, 2024 8:46 pm
Hello fellow traders. As our members know Meta Stock has been giving us good trading opportunities recently. In this technical article we’re going to take a quick look at another Elliott Wave  trading setup of META published...

Chevron (CVX) Flat Correction Remains In Progress

by elliottwave-forecast.com | January 29, 2024 8:30 pm
Chevron is a major global energy company involved in oil and gas exploration, production, refining, and marketing. Operating in over 180 countries, the company emphasizes sustainability, innovation, and corporate responsibility, with a focus on maintaining substantial energy...

EURCAD Market Analysis: Downside Movement Resumes

by ForexCycle.com | January 29, 2024 10:37 am
The EURCAD pair has been displaying interesting market trends after a recent consolidation period and a significant support level break. Sideways Consolidation and Market Shift Following a period of sideways consolidation, the EURCAD pair, oscillating in the...

USDCAD Market Analysis: Bouncing Between Resistance and Support Levels

by ForexCycle.com | January 29, 2024 1:10 am
The USDCAD pair has recently witnessed significant market movements, pivoting between notable resistance and support levels, influencing the overall market trend. Recent Failed Breakout Attempt USDCAD endeavored to breakout of the 1.3541 resistance level but ended up...

AUDUSD Market Analysis: Navigating the Downward Trend

by ForexCycle.com | January 29, 2024 1:03 am
The AUDUSD has been experiencing an ongoing downtrend, with the potential for significant market changes in the near future. Persistence of Current Downtrend Originating from 0.6870, AUDUSD continues to remain in a downtrend. Price action within the...

EURUSD Price Analysis: Downward Trend Nearing Its End

by ForexCycle.com | January 29, 2024 12:25 am
The EURUSD currency pair has been demonstrating a notable downward movement in recent times, with significant developments in price points. Breach of 1.0821 Support Level The EURUSD broke below the 1.0821 support level, extending its downside movement...

Upward Trend of USDCHF: A Detailed Analysis

by ForexCycle.com | January 26, 2024 10:48 am
The USDCHF is displaying a positive trend on the 4-hour chart, entrenched within a rising price channel. This uptrend originates from the 0.8332 mark. Continued Ascendancy and Potential Resistance The continuity of the upward movement largely hinges...