ES_F: Forecasting The Decline In A ZigZag Elliott Wave Structure

by elliottwave-forecast.com | August 24, 2023 7:17 pm
ES_F (E-mini S&P 500) dropped from 4634.50 to 4350 from 7.27.2023 to 8.18.2023. This decline took the form of a zigzag Elliott wave structure. Today, we will take a look at the structure of the decline from...

Cameco (CCJ) Consolidation Resolve to the Upside

by elliottwave-forecast.com | August 24, 2023 6:55 pm
Cameco Corporation (ticker symbol: CCJ) is a prominent Canadian uranium mining company headquartered in Saskatoon, Saskatchewan. Founded in 1988, Cameco has established itself as one of the world’s largest and most respected uranium producers. The company is...

USDCAD Daily Analysis – August 24, 2023

by ForexCycle.com | August 24, 2023 1:23 am
USDCAD has shown significant strength, with the pair extending its upward movement from 1.3092 to a high of 1.3603. If the support at 1.3495 remains intact, there is a likelihood that the upward move may continue. In...

USDJPY Daily Analysis – August 24, 2023

by ForexCycle.com | August 24, 2023 1:14 am
USDJPY has experienced a significant development as it broke below the bottom of the rising price channel on the 4-hour chart. This breakout implies that the previous upside move from 138.05, extending to 146.55, has potentially concluded....

AUDUSD Daily Analysis – August 24, 2023

by ForexCycle.com | August 24, 2023 1:07 am
AUDUSD has made a significant move by breaking above the resistance of the falling trend line on the 4-hour chart. This breakout indicates that the previous downward move from 0.6894 to 0.6363 has potentially concluded. With the...

GBPUSD Daily Analysis – August 24, 2023

by ForexCycle.com | August 24, 2023 1:00 am
GBPUSD has faced difficulty in surpassing the 1.2817 resistance level and has instead entered a period of consolidation, trading within a defined range between 1.2615 and 1.2817. As long as the 1.2817 resistance level remains unbroken, it...

EURUSD Daily Analysis – August 24, 2023

by ForexCycle.com | August 24, 2023 12:52 am
EURUSD has experienced a significant decline, extending its downward trajectory from 1.1275 to a low of 1.0802. If the resistance at 1.0930 remains unbroken, it suggests that the currency pair is likely to continue its downward movement....

Stocks: Keep This in Mind About Seasonal Tendencies

by ForexCycle.com | August 23, 2023 11:47 pm
By Elliott Wave International Many investors know that some time periods of the year tend to be more bullish for stocks, like the holiday season. Other times tend to be more bearish, like September and October. However,...

NEW: Real-market Elliott wave trading course

by ForexCycle.com | August 23, 2023 1:19 am
When you put your own money on the line, it can feel like you’re throwing yourself at the mercy of the market’s unforeseen forces. Our friends at Elliott Wave International get it. From their long experience, we...

USDCAD Daily Analysis – August 23, 2023

by ForexCycle.com | August 23, 2023 1:09 am
The USDCAD currency pair is currently in a sideways movement, trading within a range bound by 1.3495 as support and 1.3574 as resistance. As long as the support level at 1.3495 holds, the current sideways move can...