XAUUSD Analysis: Bullish Bias Holds, Eyes on 2088.24 and Beyond

by ForexCycle.com | January 16, 2024 7:12 am
Gold (XAUUSD) remains locked in an uptrend, having recently found support at the rising trend line on the daily chart. This suggests continued buying pressure and opens the door for further upward movement in the coming days....

NASDAQ Fell Below Channel Support

by ForexCycle.com | September 21, 2023 11:36 am
The NASDAQ index recently experienced a significant development as it fell below the lower boundary of the ascending price channel on the daily chart. This indicates the necessity for a more extended consolidation phase for the upward...

NASDAQ Technical Analysis: Uptrend Continues

by ForexCycle.com | July 26, 2023 10:36 am
NASDAQ has recently extended its upward trend, rising from 11678 to as high as 15947. As long as the price stays within the rising price channel on the daily chart, the upside move could be expected to...

WTI Oil Price: Upside Move Continues

by ForexCycle.com | July 26, 2023 10:05 am
WTI has recently extended its upward trend, rising from 63.95 to as high as 79.76 and breaking above the 74.65 resistance level. This could lead to a further rise towards the key resistance level of 83.37 in...

NASDAQ Reaches New Highs, Faces Resistance at Rising Price Channel

by ForexCycle.com | June 1, 2023 3:35 am
The NASDAQ index has been on an impressive upward trajectory, extending its move to reach as high as 14540. However, it is currently facing a significant resistance level represented by the upper boundary of the rising price...

NASDAQ Shows Resilience, Eyes Higher Levels

by ForexCycle.com | May 25, 2023 4:30 am
The NASDAQ index has displayed remarkable resilience as it remains above a rising trend line on the daily chart, affirming its commitment to the uptrend that has been in place since 10665. This upward trajectory has instilled...

NASDAQ Continues Its Bullish Momentum, Eyes Higher Targets

by ForexCycle.com | May 19, 2023 10:57 am
The NASDAQ index has shown impressive strength as it extended its upward move from 10665 to reach as high as 13912, surpassing the previous high resistance at 13729. This significant breakout has caught the attention of traders...

Analysis of WTI Crude Oil Price Trend

by ForexCycle.com | May 17, 2023 3:48 am
After reaching a high of 126.35 in March 2022, prices have consistently declined, hitting a low of 63.95 on May 4th this year. The completion or continuation of this downward trend hinges on the key resistance level...

NASDAQ Remains in the Uptrend from 10665

by ForexCycle.com | April 30, 2023 1:13 am
NASDAQ is currently above a rising trend line on the daily chart, indicating that the market is in an uptrend. The uptrend in NASDAQ started from 10665, and the next target is to test the 13729 resistance...

Gold Price Is Facing Triangle Pattern Resistance

by ForexCycle.com | January 22, 2018 10:31 am
XAUUSD is facing the resistance of the upper trend line (now at around 1343.00) of the triangle pattern on its weekly chart once again. Being contained by the trend line, the gold price pulled back from 1344.65....