Pan American Silver (PAAS) Correcting in a Flat Structure

by elliottwave-forecast.com | June 26, 2023 8:13 pm
Pan American Silver (PAAS) continues to extend lower and it looks like the stock is correcting in a flat structure as the second daily chart below shows. The stock is a good representation for the silver mining...

Ethereum ( ETHUSD ) Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | June 26, 2023 7:13 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of ETHUSD published in members area of the website.  As our members know, Ethereum has given us good...

Is Albemarle Corporation (ALB) Providing Another Investment Opportunity ?

by elliottwave-forecast.com | June 26, 2023 6:55 pm
Albemarle Corporation (ALB) develops, manufactures & markets engineered specialty chemicals worldwide. It operates through three segments, Lithium, Bromine & Catalysts. It also serves energy storage, petroleum refining, consumer electronics, construction, automotive, lubricants, pharmaceuticals & crop protection markets....

Nio Inc. (NIO) Hit The Blue Box And Rally As Expected

by elliottwave-forecast.com | June 26, 2023 6:27 pm
Nio Inc. (NIO) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles. The company develops battery-swapping stations for its vehicles, as an alternative to conventional charging stations. The company has raised over $5 billions...

USDCAD Daily Analysis – June 26, 2023

by ForexCycle.com | June 26, 2023 12:48 am
The USDCAD currency pair has been experiencing a prolonged downtrend from 1.3654, and the recent price action from 1.3138 indicates a period of consolidation for the ongoing downtrend. As long as the price remains below the falling...

USDJPY Daily Analysis – June 26, 2023

by ForexCycle.com | June 26, 2023 12:41 am
The USDJPY currency pair has shown remarkable strength, extending its upward move from 138.42 to as high as 143.86. The bullish momentum suggests that further gains could be expected in the coming days, with the next target...

AUDUSD Daily Analysis – June 26, 2023

by ForexCycle.com | June 26, 2023 12:33 am
The AUDUSD currency pair has continued its downward trajectory, extending its move from 0.6899 to as low as 0.6662. The prevailing bearish momentum suggests that further declines are still possible in the near term. The next target...

GBPUSD Daily Analysis – June 26, 2023

by ForexCycle.com | June 26, 2023 12:22 am
The GBPUSD currency pair has broken below the significant support level at 1.2690, indicating a continuation of the downtrend initiated from 1.2847. This development suggests that further declines are likely in the near term, with potential targets...

EURUSD Daily Analysis – June 26, 2023

by ForexCycle.com | June 26, 2023 12:16 am
The EURUSD currency pair has experienced a rebound from 1.0844, suggesting that a period of consolidation for the recent downtrend from 1.1011 is currently underway. Traders should anticipate range trading between 1.0844 and 1.0920 in the coming...

USDCAD Weekly Analysis – June 24, 2023

by ForexCycle.com | June 24, 2023 1:45 am
The USDCAD currency pair has recently broken below a key support level at 1.3225, signaling a shift in market sentiment and indicating that the pair is now in a long-term downtrend from 1.3977. This break below support...