Short Term Forex Analysis
EUR/USD Breaks Key Support: Further Decline Expected
EUR/USD has broken below the crucial 1.1026 support level, signaling a potential continuation of its downward trend. What to Expect …EUR/USD at Key Support: Will the Downtrend Continue?
EUR/USD is currently testing the key support level at 1.1026, a critical point for the pair’s next move. Potential Scenarios …EUR/USD Pulls Back After Upside Move: What’s Next?
EUR/USD extended its rally from 1.1026 to a recent high of 1.1154. However, the subsequent pullback from 1.1154 suggests that …GBP/USD Breaks Key Trend Line: Upside Momentum Builds
GBP/USD has broken above the falling trend line on the 4-hour chart, signaling that the downtrend from 1.3265 has likely …USD/JPY: Downtrend Extends with Key Support Levels in Focus
USD/JPY has continued its downside move, falling from 147.20 to as low as 143.18, breaking below the key support at …
Long Term Forex Analysis
US Dollar Breaks Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart, followed by a breakdown …US Dollar Pullback Tests Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart and is now testing …US Dollar Breaks Key Support Against Offshore Chinese Yuan
The USDCNH currency pair has broken below the 7.1713 key support level, suggesting that the recent upside move from the …USDCAD: Stuck in a Range, Eyes on 1.3977 and 1.3092
USDCAD has been trapped in a lateral dance between 1.3092 and 1.3977 for months, frustrating traders with its indecisiveness. The …EURUSD: Stuck in Neutral, Awaiting Breakout or Breakdown
EURUSD has been stuck in a holding pattern for months, trapped within a trading range between 1.0447 and 1.1275. The …
Special Focus
WTI Remains in a Downtrend: Key Levels to Watch
WTI crude oil continues to trade within a falling price channel on the 4-hour chart, signaling that the downtrend from …XAU/USD Analysis: Key Resistance at 2484
Gold (XAU/USD) is currently facing a significant resistance level at 2484. A breakout above this level could indicate a resumption …Gold Price Analysis: Key Levels and Potential Movements
On Wednesday, gold prices experienced some fluctuations, finding support above 2378 and facing resistance below 2407. This movement suggests that …Gold Price Analysis: Short-Term Downtrend with Potential for Rebound
Gold prices have recently shown some volatility, experiencing a dip while also finding support at key levels. Let’s take a …Gold Price Analysis: Short-Term Bearish Trend Likely to Continue
Last Friday’s gold price action provided valuable insights into its potential near-term direction. Let’s break down the key levels and …
Daily Forex Reports
Palantir (PLTR) Should Keep the Rally to Build a Wave ((3))
Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It …Will Costco Wholesale (COST) Continue Bullish Rally?
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States & globally together with its …Chevron (CVX) Looking to do A Double Correction
Chevron Corporation (CVX) is a global leader in the energy sector. It engages in the exploration, production, and refining of …EUROSTOXX (SX5E) Perfect Reaction Higher From Blue Box Area
In this technical blog, we will look at the past performance of the Elliott Wave Charts of the Eurostoxx (SX5E) …Coinbase Global Inc. ( $COIN) Elliott Wave Structure Favors More Downside.
Hello Traders! In this technical blog we are going to take a look at the Elliott Wave path in Coinbase …