AUDUSD Daily Analysis – July 5, 2023
AUDUSD has been displaying a notable upside move, extending from its recent low of 0.6594 to a high of 0.6705. The pair is now facing a key resistance level at 0.6720, which could determine the next phase...
Month: July 2023
GBPUSD Daily Analysis – July 5, 2023
GBPUSD is currently approaching a key resistance level at 1.2758, and a decisive break above this level could potentially trigger a further upside move towards the next resistance at 1.2847. Traders closely monitoring the price action will...
EURUSD Daily Analysis – July 5, 2023
EURUSD has encountered significant resistance as it failed to break above a falling trend line on the 4-hour chart. This failure to breach the trend line indicates that the pair remains in a downtrend from the level...
Nikkei Perfect Reaction Higher From The Blue Box Area
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Nikkei. We presented to members at the elliottwave-forecast. In which, the rally from 03 May 2023 low unfolded as an impulse structure....
Mastercard Incorporated (MA) Favors Higher & Remain Supported
Mastercard Incorporated (MA), provides transaction processing & other payment-related products & services in the United states & internationally. It facilitates the processing of payment transactions, including authorization, clearing & settlement, as well as delivers other payment related...
ALGN Stock Shows Promising Signs of Extended Growth Potential
In the ever-evolving landscape of dental technology, Align Technology, Inc. (NASDAQ: ALGN) stands out as a pioneering force. With its groundbreaking solutions and customer-focused approach, ALGN has garnered significant attention and market momentum. This article delves into...
AbbVie Inc. ($ABBV) Is Poised To Rally Soon From a Blue Box Area.
Hello Traders! Today, we will look at the Daily Elliott Wave structure of AbbVie Inc. ($ABBV) and explain why the stock should soon reach a Blue Box area and react higher. AbbVie Inc. is a pharmaceutical company headquartered in North Chicago, Illinois....
EURGBP Sell Setup From Blue Box Works As Expected
In our service, we provide members trade setup in Live Trading Room. However, our setup is based on certain conditions. To trade, we need these conditions: In the charts below, we show how we gave a call...
GBPUSD Reacted From The Blue Box After A Double Three Structure
A Double three structure is a sideways combination of two corrective patterns. There are several corrective patterns including zigzag, flat, and triangle. When two of these corrective patterns are combined together, we get a double three. A combination...
USDCAD Daily Analysis – July 3, 2023
USDCAD has exhibited a noteworthy development as it successfully broke above a previously dominant falling trend line on the 4-hour chart. This breakout suggests a potential shift in market dynamics, indicating that the pair is now in...