USDJPY Analysis – September 25, 2023
USD/JPY has extended its upward movement from 144.43 to as high as 148.65. As long as the price remains above the rising trend line on the 4-hour chart, there is a potential for the upside move to...
Month: September 2023
(Free Report) 5 signs & charts for stock market bulls
While the mainstream is hyper-focused on the Fed, Elliott wavers know: It’s not the Fed that’s in the driver’s seat. Investor psychology is what’s in charge. Just as it’s always been. With that in mind, our friends...
GBPUSD Analysis – September 22, 2023
GBP/USD continues to stay below a falling trend line on the 4-hour chart, indicating that the pair is still in a downtrend. The downside move has extended to as low as 1.2232, suggesting further potential for the...
EURUSD Analysis – September 22, 2023
EUR/USD has broken below the support level at 1.0631 and continued its downward movement from 1.1275 to as low as 1.0614. Based on this price action, there is a possibility of a deeper decline towards the bottom...
$CLF: Cleveland Cliffs Heading for a Next Big Rally
Cleveland Cliffs, Inc. (formerly Cliffs Natural Resources) is an US American company that specializes in the mining, beneficiation, and pelletizing of iron ore, as well as steelmaking, including stamping and tooling. It is the largest flat-rolled steel producer in North America. Founded in 1847,...
NASDAQ Fell Below Channel Support
The NASDAQ index recently experienced a significant development as it fell below the lower boundary of the ascending price channel on the daily chart. This indicates the necessity for a more extended consolidation phase for the upward...
USDCAD Analysis – September 21, 2023
USDCAD has broken above the falling trend line on the 4-hour chart, indicating a potential shift in the market sentiment. This breakout suggests that a corrective consolidation phase for the previous downtrend from 1.3694 is currently in...
USDJPY Analysis – September 21, 2023
USD/JPY has indeed extended its upward movement from 137.23 to as high as 148.45 and has successfully broken above the resistance level at 147.87. Based on this price action, there is a likelihood of further upside in...
AUDUSD Analysis – September 21, 2023
AUD/USD faced resistance at the level of 0.6521 and was unable to break above it. As a result, the price pulled back to around the 0.6420 area. Based on this price action, there is a likelihood of...
GBPUSD Analysis – September 21, 2023
The GBP/USD pair has indeed extended its downside move from 1.2745 to as low as 1.2309, indicating a continued bearish momentum. As long as the price remains below the falling trend line on the 4-hour chart, it...