GOLD ( XAUUSD) Found Buyers After 3 Waves Pull Back

by elliottwave-forecast.com | May 10, 2023 8:00 pm
In this article we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of the website. As our members know, we are favoring the long side in the commodity....

Brent Crude (BZ) Still Looking for Bottoming Sign

by elliottwave-forecast.com | May 10, 2023 7:43 pm
Brent Crude (BZ) is the leading global price benchmark for Atlantic basin crude oils. It is used to set the price of two-thirds of the world’s internationally traded crude oil supplies. It is one of the two main benchmark prices...

$USDSEK and $USDMXN Holding the $USDX

by elliottwave-forecast.com | May 10, 2023 7:25 pm
The $USDX peaked back on 09.29.2022. Since then, the Index has been dropping. The Index is at risk of ending the cycle since the lows back in 2008. This means a huge selling could be happening now....

$IBM Will Soon See Buyers

by elliottwave-forecast.com | May 10, 2023 6:55 pm
$IBM has been trading sideways since it peaked on 02.01.2017. It still has not reached the target at the $82.36 area. This article on 11.2020 shows the target area and and the most likely path at that moment. Since...

USDCAD Analysis – May 10, 2023

by ForexCycle.com | May 10, 2023 2:45 am
USDCAD has failed to break below the support level at 1.3300 and rebounded from the low of 1.3314. This suggests that the pair is in a period of consolidation for the downtrend from 1.3667. Over the next...

USDJPY Analysis – May 10, 2023

by ForexCycle.com | May 10, 2023 2:35 am
USDJPY has been experiencing a period of consolidation in the downtrend from 137.77, with a bounce from the support level at 133.49. The bounce has extended to as high as 135.33, and there is a possibility of...

AUDUSD Analysis – May 10, 2023

by ForexCycle.com | May 10, 2023 2:26 am
The AUDUSD pair has failed to break above the resistance level at 0.6805 and has subsequently pulled back from its recent high of 0.6803. This suggests that the pair is currently in a consolidation phase for the...

GBPUSD Analysis – May 10, 2023

by ForexCycle.com | May 10, 2023 2:20 am
GBPUSD has been in an uptrend since the March low of 1.1802. However, the pair recently pulled back from its recent high of 1.2668, which may be seen as a period of consolidation for the uptrend. The...

EURUSD Analysis – May 10, 2023

by ForexCycle.com | May 10, 2023 2:14 am
EURUSD has been in a trading range between 1.0909 and 1.1095. The current key level to watch is the 1.0909 support. If the pair breaks below this support level, it could indicate that the upside move from...

Will TD Bank ($TD) React Lower from our Blue Box Area?

by elliottwave-forecast.com | May 9, 2023 6:35 pm
Hello Traders! Today, we will look at the shorter cycles of Toronto-Dominion Bank ($TD) and explain why the stock should soon reach a Blue Box area and react lower. First of all, This is how we saw it...