ForexCycle
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ForexCycle
5h ago
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of NVIDIA (NVDA) Stock published in members area of the website. Our members are aware of the numerous positive trading setups we’ve had among Stocks and Indices recently. One of them is NVIDIA , which made ..read more
ForexCycle
5h ago
Short Term Elliott Wave View on DAX suggests rally from 10.23.2023 low is unfolding as a 5 waves impulse. Up from 10.23.2023 low, wave (1) ended at 17003.28 and dips in wave (2) ended at 16345.02. The Index extended higher in wave (3) towards 18567.16 as the 1 hour chart below shows. Down from there ..read more
ForexCycle
9h ago
USDJPY’s price action suggests continued strength. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Maintains Uptrend: Upside Targets in Focus: Support Levels to Consider: Overall Sentiment: The technical outlook for USDJPY remains bullish in the short term. The price action above the trend line and the recent highs ..read more
ForexCycle
9h ago
GBPUSD has displayed positive momentum, climbing from recent lows. This analysis examines the technical situation and explores potential scenarios for the currency pair. GBPUSD Stages Rally: Uptrend or Correction? Trend Line in Focus: Downtrend Shadow Looms: Support Levels to Consider: Overall Sentiment: The technical outlook for GBPUSD is uncertain in the short term. The recent ..read more
ForexCycle
9h ago
EURUSD has displayed renewed buying pressure, breaking above key resistance. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Stages Rally: Uptrend or Correction? Price Channel in Focus: Downtrend Shadow Looms: Support Levels to Consider: Overall Sentiment: The technical outlook for EURUSD is uncertain in the short term. The ..read more
ForexCycle
1d ago
Elliott Wave view on GBPUSD suggests that rally from 10.4.2023 low takes the form of an impulsive structure. Up from 10.4.2023 low, wave (1) ended at 1.2828. Correction in wave (2) unfolded as an expanded flat Elliott Wave structure. Down from wave (1), wave A ended at 1.2519 and wave B ended at 1.2894. Down ..read more
ForexCycle
2d ago
USDJPY has displayed a significant bullish move, potentially breaking out of a recent range. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Breaches Resistance: Uptrend Confirmation and Targets: Support Levels to Consider: Overall Sentiment: The technical outlook for USDJPY has turned bullish in the short term. The breakout ..read more
ForexCycle
2d ago
AUDUSD has displayed renewed strength, extending its recent gains. This analysis examines the technical situation and explores potential scenarios for the currency pair. AUDUSD Stages Rally: Upside Potential and Targets: Support Levels to Consider: Overall Sentiment: The technical outlook for AUDUSD has become uncertain in the short term. The recent rally suggests a potential trend ..read more
ForexCycle
2d ago
This technical blog will look at the past performance of the 4-hour Elliott Wave Charts of Dow futures ticker symbol: $YM_F. We presented to members at the elliottwave-forecast. The rally from the 03 October 2022 low unfolded as an impulse structure and showed a bullish sequence. The index should see more upside extension to complete the impulse sequence ..read more
ForexCycle
3d ago
EURUSD has displayed a promising sign, potentially interrupting its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Upside Potential and Targets: Support Levels to Consider: Overall Sentiment: The technical outlook for EURUSD has become uncertain in the short term. The breakout above 1.0689 suggests ..read more