USDJPY Forecasting The Rally After Elliott Wave Zig Zag Pattern

by elliottwave-forecast.com | August 25, 2023 6:07 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of USDJPY , published in members area of the website. As our members know the pair is showing...

Procter & Gamble (NYSE: PG) Next Investment Opportunity

by elliottwave-forecast.com | August 25, 2023 5:36 pm
Procter & Gamble (NYSE: PG) continues to capture investor attention following our previous video blog that illuminated a promising bullish trajectory for the company. Building upon those insights, this article delves deeper into PG’s mid-term prospects. By...

USDCAD Daily Analysis – August 25, 2023

by ForexCycle.com | August 25, 2023 11:27 am
USDCAD is currently encountering resistance at the 1.3603 level. If this barrier is successfully breached, it could indicate a resurgence of the uptrend that commenced from 1.3092. In this scenario, the next notable target would be around...

USDJPY Daily Analysis – August 25, 2023

by ForexCycle.com | August 25, 2023 11:19 am
USDJPY continues to be entrenched in an uptrend that began at 138.05, with the recent price movements from 146.55 appearing to be a consolidation phase within this broader upward movement. Should we witness a breakout above the...

AUDUSD Daily Analysis – August 25, 2023

by ForexCycle.com | August 25, 2023 11:08 am
AUDUSD has successfully breached the descending trend line on the 4-hour chart, marking the initiation of an uptrend from the 0.6363 level. Anticipated in the coming days is a continuation of the upward trajectory, with the next...

GBPUSD Daily Analysis – August 25, 2023

by ForexCycle.com | August 25, 2023 10:49 am
GBPUSD has breached the critical 1.2615 support level, continuing its descent from the 1.3141 peak and reaching as low as 1.2560. There remains the potential for further downward movement in the days ahead, with the next focal...

EURUSD Daily Analysis – August 25, 2023

by ForexCycle.com | August 25, 2023 10:34 am
EURUSD continues to trade below a declining trend line on the 4-hour chart, firmly entrenched in the downtrend that originated from 1.1065. As long as this trend line serves as a barrier, we can anticipate further downward...

Boeing Blue Box Should Offer Minimum Reaction Higher

by elliottwave-forecast.com | August 24, 2023 7:48 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of Boeing ticker symbol: BA. In which, the rally from 15 March 2023 low unfolded as an impulse structure. And...

FTSE and Hangseng Should Act As a Floor for the Indices

by elliottwave-forecast.com | August 24, 2023 7:32 pm
Indices sold off last week, while some Indices reached extreme Fibonacci extension areas from the highs in 3 or 7 swings, it remains to be seen whether correction in the Indices is over or will extend. Today,...