Short Term Forex Analysis
Navigating the EURUSD Landscape: A Detailed Analysis of Recent Movements
The EURUSD pair has recently exhibited significant volatility, with a notable bounce from the 1.0223 level, extending upwards to a …EURUSD Analysis: Bears Maintain Control as Pair Tests New Lows
The Euro continues to show weakness against the US Dollar, with recent price action suggesting more downside potential. Here’s what …EUR/USD Faces Channel Resistance Amid Consolidation
The EUR/USD currency pair is currently encountering a significant resistance level within a falling price channel on the 4-hour chart. …EUR/USD Update: Downward Trend Continues
The EUR/USD currency pair has been on a downward trajectory, recently dropping from 1.0936 to a low of 1.0550. This …EURUSD Update: Downside Move Extends as Support Breaks
The EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move …
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
Strong U.S. Economic Data Dramatically Reduces Chances of Fed Rate Cuts
Tuesday’s opening bell on Wall Street was accompanied by a series of robust economic reports from the United States. While …NASDAQ 100: Key Resistance Breaks and Upward Momentum Ahead
The NASDAQ 100 has recently made an exciting move by breaking above the significant resistance level of 21,484. This upward …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 …
Daily Forex Reports
NVIDIA Corp. $NVDA Extreme Areas Offering Buying Opportunities
Hello everyone! In today’s article, we’ll examine the recent performance of NVIDIA Corp. ($NVDA) through the lens of Elliott Wave Theory. We’ll review how …Cameco (CCJ) Emerges from Pullback, Renews Upward Momentum
Cameco Corporation (CCJ), headquartered in Saskatoon, is a leading uranium producer with significant global mining operations. As a key player …Is WFC Setting Up For A Major Rally?
Wells Fargo & Company (WFC) provides diversified banking, investment, mortgage, consumer & commercial finance products & services in United States …Lam Research (LRCX) Elliott Wave Update: Bullish Trend Intact Despite Ongoing Correction
Lam Research (LRCX) remains bullish despite a corrective wave IV. Elliott Wave analysis suggests further upside potential as wave V …Constellation Energy (CEG) Elliott Wave Update: Wave V Has Likely Started
Constellation Energy resumes its uptrend after completing wave IV. Bullish Elliott Wave structure points toward a strong wave V rally. Constellation …