XLV Made Reaction From The Blue Box ( Buying Zone )

by elliottwave-forecast.com | March 4, 2024 10:04 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLV ETF, published in members area of the website. As our members know we have been favoring...

USDCHF Stalemate: Uptrend in Limbo or Poised for Breakout?

by ForexCycle.com | March 4, 2024 9:43 am
USDCHF has recently encountered resistance at 0.8885, leading to a pullback and continued consolidation. This analysis explores the current situation and potential future scenarios for the currency pair. Uptrend on Hold: Consolidation or Rebound? Key Support: Holding...

USDJPY: Rebound or Reprieve? Uptrend at a Crossroads

by ForexCycle.com | March 4, 2024 9:24 am
USDJPY has displayed some recent volatility, breaking below support before experiencing a rebound. This analysis explores the current situation and potential future scenarios for the currency pair. Reversal or Retest? Uptrend Under Scrutiny Resistance Awaits: Breakout or...

EURUSD Stalemate: Uptrend on Hold or Finding Footing?

by ForexCycle.com | March 4, 2024 2:23 am
EURUSD has been stuck in a sideways range between 1.0789 and 1.0887, leaving traders uncertain about the pair’s next move. This analysis delves into the technical picture to understand the potential scenarios for EURUSD. Uptrend in Limbo:...

Stocks: What This “Record Extreme” May Be Signaling

by ForexCycle.com | March 2, 2024 12:51 am
By Elliott Wave International When most everyone agrees on the future trend of a market, it’s almost guaranteed that the market will go in the other direction — sooner rather than later. The reason why is that...

NASDAQ ($NQ_F) Another Elliott Wave Trading Setup

by elliottwave-forecast.com | March 1, 2024 5:04 pm
Hello fellow traders. As our members know , NASDAQ has recently given us good buying opportunities. In this technical article we’re going to present another Elliott Wave trading setup  we have had recently.  NQ_F made pull back...

USDCHF: Bulls Challenge Resistance – Uptrend or False Hope?

by ForexCycle.com | March 1, 2024 11:04 am
USDCHF is attempting to gain momentum, facing resistance at the 0.8885 level. This analysis explores the potential implications of a breakout or breakdown from this key level, considering both bullish and bearish scenarios. Uptrend in Focus: Can...

AUDUSD Under Pressure: Downtrend in Control or Potential Reversal?

by ForexCycle.com | March 1, 2024 10:49 am
AUDUSD remains under pressure, staying below the falling trend line on the 4-hour chart. This technical analysis explores the current situation and potential future scenarios for the currency pair. Downtrend Prevails: Lower Lows Expected? Bullish Signal: Watching...

EURUSD: Testing Support – Uptrend at Risk or Finding Footing?

by ForexCycle.com | March 1, 2024 10:33 am
EURUSD is facing a critical juncture as it approaches the 1.0789 support level once again. This level has acted as a support zone in the past, and its potential breach or hold will have significant implications for...