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...
The USDCAD pair has continued its downward trajectory, with the recent decline extending as low as 1.3403. This suggests that the bears are still in control, and further downside movement is a possibility. Traders should closely monitor...
The USDJPY pair has continued its upward trajectory, with the recent rally pushing the price as high as 136.67. This extension of the upside movement suggests underlying strength in the pair, and further upward momentum could be...
The AUDUSD pair has been moving within a relatively tight range, oscillating between 0.6635 and 0.6709. This consolidation phase suggests a period of indecision in the market and is likely a temporary pause in the overall downtrend...
The GBPUSD pair experienced a brief encounter with the 1.2540 resistance level, only to pull back and establish a trading range between 1.2442 and 1.2540. This price action suggests that the pair remains within a downtrend, which...
The EURUSD pair has continued to exhibit a bearish bias, as it failed to break above the resistance level at 1.0909 and instead moved sideways within a narrow range between 1.0845 and 1.0909. This price action suggests...
Morgan Stanley (MS), a financial holding company provides various financial products & services to corporations, governments, financial institutions & Individuals in the Americas, Europe, Middle East, Africa & Asia. It operates through Institutional Securities, Wealth Management &...
Hello Traders, in this article we will analyze our forecast for QQQ ETF in the short term cycle. Since the short term peak of QQQ from 05.01.2023 to end wave (i) we have been expecting a pullback...
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts of IBEX Index, presented in members area of the of our website. Recently IBEX has given us correction that...
In this technical article we’re going to take a quick look at the Elliott Wave charts of SPX published in membership area of the website. As our members know, S&P500 is trading within the cycle from the...
