FCOJ: Buying Pullbacks in Frozen Concentrated Orange Juice

by elliottwave-forecast.com | August 21, 2023 8:23 pm
In the previous articles from March, November 2021 and October 2022, we have discussed the price action and the outlook for the Frozen Concentrated Orange Juice. As it has been expected, the soft commodities have advanced or they are nesting...

$SIE: Join the Siemens Rally in a Pullback from All-Time Highs

by elliottwave-forecast.com | August 21, 2023 6:20 pm
Siemens SE is a German multinational conglomerate company and by revenue the largest industrial manufacturing enterprise in Europe. Company’s principal business divisions are Industry, Energy, Healthcare, Infrastructure & Cities. Founded in 1847 and headquartered in Munich, Germany,...

USDCAD Daily Analysis – August 21, 2023

by ForexCycle.com | August 21, 2023 1:52 am
USDCAD has continued its upside move, reaching as high as 1.3574. With this extension, there is still potential for further rise in the pair, with the next target being around the 1.3600 area. The immediate support level...

USDJPY Daily Analysis – August 21, 2023

by ForexCycle.com | August 21, 2023 1:46 am
USDJPY appears to be staying within a rising price channel on the 4-hour chart, suggesting a potential uptrend from 138.05. As long as the channel support holds, the pullback from 146.55 could be seen as a consolidation...

AUDUSD Daily Analysis – August 21, 2023

by ForexCycle.com | August 21, 2023 1:33 am
AUDUSD is remaining below a falling trend line on the 4-hour chart, suggesting that it is still in a downtrend from 0.6894. The recent decline has extended to as low as 0.6363. As long as the trend...

GBPUSD Daily Analysis – August 21, 2023

by ForexCycle.com | August 21, 2023 1:31 am
GBPUSD has broken above the falling trend line on the 4-hour chart. With this breakout, there is a potential for further upward movement in the pair, with the next target being the 1.2817 resistance level. A decisive...

EURUSD Daily Analysis – August 21, 2023

by ForexCycle.com | August 21, 2023 1:10 am
EURUSD has experienced a continued decline, starting from 1.1065 and reaching a low of 1.0844. The current trend indicates that the price is expected to continue moving downwards as long as it remains below the falling trend...

XLF Incomplete Sequences Calling The Drop Toward Blue Box Area

by elliottwave-forecast.com | August 18, 2023 4:04 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of XLF ETF published in members area of the website.  As our members know XLF is giving us...

Caterpillar (CAT) Shows Incomplete Bullish Structure

by elliottwave-forecast.com | August 15, 2023 6:10 pm
Caterpillar ($CAT) is one of the largest and most recognizable names in the heavy equipment industry. It produces a wide range of machinery used in construction, mining, agriculture, and various other industries. In this article, we will...

Berkshire Hathaway (BRK.B) Signals Strong Upside

by elliottwave-forecast.com | August 15, 2023 5:59 pm
Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) stands as a beacon of enduring success in the investment world. With a reputation built on prudent financial decisions and a long history of market acumen, Berkshire Hathaway has...