Technical Analysis: Why You Should Expect a Popularity Surge

by ForexCycle.com | June 29, 2022 12:13 pm
By Elliott Wave International You probably know that the term “technical analysis” refers to analyzing the behavior of financial markets themselves — such as the stock market — as opposed to “fundamental” analysis, which is based on news and...

COF : Expect Short Term Weakness Before Resumes Upside

by elliottwave-forecast.com | June 27, 2022 1:51 pm
Capital One Financial Corporation., (COF) operates as the financial services holding company for the Capital One Bank & National Association. Capital One & National Association provides various financial products & services in the US, Canada and UK....

Bull Market Could Have Arrived to Swiss Index (SMI)

by elliottwave-forecast.com | June 27, 2022 1:36 pm
The Swiss Market Index (SMI) is one of the other Capital Markets worldwide that was building a motive wave from the lows of March 2020. That impulse we called wave I and we believe correction as wave...

CHFJPY – Taking Advantage of Weakening Yen

by elliottwave-forecast.com | June 27, 2022 3:43 am
We saw a surge in the market in CHFJPY last week. First time since 2007, SNB have increased their interest rate by 50 basis points. This occurred as soon as the FED raised their interest rates.  Therefore,...

USDNOK – Dollar Sees a Reaction from Blue Box

by elliottwave-forecast.com | June 27, 2022 3:29 am
We have been pretty bullish on the USDNOK throughout the year and Dollar has more strength to come to support this pair. Recently, we posted a trade idea on USDNOK that the market was correcting in a...

Who (or What) Is Really in Charge of Bitcoin’s Price Swings?

by ForexCycle.com | June 25, 2022 7:29 am
By Elliott Wave International I’m not ashamed to admit I have the technological intelligence of an Eggo waffle. So, when my computer bugged out the other day, I called the IT department at work. The tech wizard...

XOM Elliott Wave View: Soon Longs Should Be Risk Free

by elliottwave-forecast.com | June 22, 2022 1:49 pm
In this technical blog, we will look at the past performance of the 4hr Elliott Wave Charts of XOM. In which, the rally from the 23 March 2020 low is unfolding as an impulse and showed a...

10-Year U.S. Treasury Yield: Anticipating the Rising Trend

by ForexCycle.com | June 22, 2022 12:53 pm
By Elliott Wave International On June 14, the yield on the 10-year U.S. Treasury note surpassed 3.45% — its highest level in more than 11 years. Keep in mind that the lowest intraday reading for the yield...