EURUSD Daily Analysis – July 11, 2023

by ForexCycle.com | July 11, 2023 2:58 am
The EURUSD currency pair experienced a significant breakthrough as it surged above the key resistance level at 1.1011. This bullish move suggests that the pair has gained strong momentum, potentially setting the stage for further upside potential...

Nvidia (NVDA) Made Rally After 3 Waves Pull Back

by elliottwave-forecast.com | July 10, 2023 2:45 pm
Hello fellow traders.  In this technical article we’re going to take a look at the Elliott Wave charts of Nvidia (NVDA) ,  presented in members area of the of our website.  Recently has given us 3 waves...

Platinum’s Correction in the Form of Expanded Flat

by elliottwave-forecast.com | July 10, 2023 2:20 pm
Platinum (PL) is still correcting cycle from 9.1.2022 low and the correction is likely in the form of expanded flat. In this article, we will update the longer term Elliott Wave outlook for Platinum. We also present...

$DTE : Telecommunications Stock Deutsche Telekom Remains Supported

by elliottwave-forecast.com | July 10, 2023 2:08 pm
Deutsche Telekom AG is a German telecommunications company and by revenue the largest telecommunications provider in Europe. Formed in 1995 and headquartered in Bonn, Germany, the company operates several subsidiaries worldwide. Deutsche Telekom is a part of...

USDCAD Daily Analysis – July 10, 2023

by ForexCycle.com | July 10, 2023 5:59 am
The USDCAD currency pair made an attempt to break above the key resistance level at 1.3387 but faced selling pressure and subsequently retraced back to the 1.3265 area. Currently, the pair is finding support at the rising...

USDJPY Daily Analysis – July 10, 2023

by ForexCycle.com | July 10, 2023 5:51 am
The USDJPY currency pair experienced a breakdown below the key support level at 142.67, indicating a potential completion of the recent upside move from 138.42, which peaked at 145.06. The breach of support suggests a shift in...

AUDUSD Daily Analysis – July 10, 2023

by ForexCycle.com | July 10, 2023 4:47 am
The AUDUSD currency pair has been trading within a defined range between 0.6594 and 0.6720 in recent sessions. Despite several attempts, the pair failed to break above the resistance level at 0.6720, suggesting a potential downside move...

GBPUSD Daily Analysis – July 10, 2023

by ForexCycle.com | July 10, 2023 4:30 am
The GBPUSD currency pair has been making notable strides in recent sessions and is now approaching a critical resistance level at 1.2847. Traders are closely monitoring this level, as a break above it could potentially trigger a...