EURUSD Analysis – September 21, 2023

by ForexCycle.com | September 21, 2023 12:48 am
The EUR/USD currency pair made an unsuccessful attempt to break above the 1.0768 resistance level and is now facing the 1.0631 support level. This suggests that the pair continues to be in a downtrend from the 1.1275...

American Airlines ( AAL ) Selling The Rallies At The Blue Box Area

by elliottwave-forecast.com | September 20, 2023 5:22 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of American Airlines Group ( $AAL ) stock. As our members know, the stock is trading within the...

GBPUSD Analysis – September 20, 2023

by ForexCycle.com | September 20, 2023 10:06 am
The GBP/USD currency pair has continued its downward trajectory, extending the move from 1.2745 to reach as low as 1.2332. With the price still below the falling trend line on the 4-hour chart, a bearish outlook is...

USDJPY Analysis – September 20, 2023

by ForexCycle.com | September 20, 2023 9:56 am
The USD/JPY currency pair has continued its upward momentum, extending the move from 137.23 to reach as high as 148.16. The pair has successfully surpassed the resistance level at 147.87, indicating a bullish sentiment in the market....

What Will Happen to That $30 Trillion in U.S. Home Equity?

by ForexCycle.com | September 20, 2023 1:45 am
By Elliott Wave International You probably remember the last big housing bust which began more than 15 years ago. Elliott Wave International has observed that falling housing prices are generally preceded by a decline in home sales. The lag time...

USDCAD Analysis – September 20, 2023

by ForexCycle.com | September 20, 2023 1:40 am
The USD/CAD currency pair has continued its downward movement from the 1.3694 level and reached as low as 1.3379. With the price still below the falling trend line on the 4-hour chart, the recent bounce from 1.3379...

ConocoPhillips (COP) Paving the Path to Further Upside

by elliottwave-forecast.com | September 19, 2023 8:57 pm
ConocoPhillips (NYSE: COP), a prominent name in the realm of energy, has been demonstrating noteworthy strength in its recent market performance. This article delves into the company’s prevailing bullish trends and explores potential pathways for extending its...

Olin Corporation (OLN) Should Continue Pullback Before Rally Resumes

by elliottwave-forecast.com | September 19, 2023 8:40 pm
Olin Corporation (OLN) manufactures & distributes chemical products in the US, Europe, Asia Pacific, Latin America & Canada. It operates through three segments: Chlor Alkali products & Vinyals, Epoxy & Winchester. It is based in Clayton, Missouri,...

USDCAD Analysis – September 19, 2023

by ForexCycle.com | September 19, 2023 9:11 am
In recent price action, the USD/CAD pair has broken below the 1.3488 support level, indicating that the previous upside move from 1.3092 to 1.3694 has likely concluded. With the price currently below the falling trend line on...

EURUSD Analysis – September 19, 2023

by ForexCycle.com | September 19, 2023 8:52 am
The EUR/USD currency pair has rebounded from the bottom of the falling price channel on the 4-hour chart, suggesting a potential rally in the coming days. The next target for the pair could be at the 1.0768...