Stock Market’s Character Has Changed — Here’s How

by ForexCycle.com | September 7, 2023 9:30 am
By Elliott Wave International Stock market investors naturally want to know the closing numbers for the main stock indexes at the end of each trading day. Yet, it’s also good to dig deeper. Let me show you...

GBPUSD Daily Analysis – September 7, 2023

by ForexCycle.com | September 7, 2023 9:03 am
GBP/USD has been experiencing a continued downward movement, reaching as low as 1.2456. As long as the price remains below the falling trend line on the 4-hour chart, it is likely that the downside momentum will continue....

EURUSD Daily Analysis – September 7, 2023

by ForexCycle.com | September 7, 2023 8:44 am
EUR/USD has been experiencing a continued downward movement, starting from 1.1275 and reaching as low as 1.0702. The pair is currently encountering support at the bottom of the price channel on the 4-hour chart. In the coming...

$ABNB: Airbnb Stock Nesting before Acceleration Higher

by elliottwave-forecast.com | September 6, 2023 4:46 pm
Airbnb is an U.S. American corporation operating an online marketplace for short- and long-term homestays and experiences.  Hereby, the company acts as a broker and charges a commission from each booking. Founded in 2008 and headquartered in San Francisco, California, USA, Airbnb can be traded under ticker...

USDCAD Daily Analysis – September 6, 2023

by ForexCycle.com | September 6, 2023 2:21 am
USD/CAD has experienced a notable upward move, starting from 1.3092 and reaching as high as 1.3669. Based on the current bullish momentum, there is a possibility for USD/CAD to continue rising in the coming days, with the...

USDJPY Daily Analysis – September 6, 2023

by ForexCycle.com | September 6, 2023 2:09 am
USD/JPY has experienced significant upward movement, starting from 137.23 and reaching as high as 147.81. This rally included a break above the resistance level at 147.37. Based on this upward momentum, it is possible for USD/JPY to...

AUDUSD Daily Analysis – September 6, 2023

by ForexCycle.com | September 6, 2023 1:58 am
AUD/USD has recently broken below the support level at 0.6363. This breakdown suggests that further decline is likely in the coming days, with the next target potentially being in the 0.6300 area. The immediate resistance level to...

GBPUSD Daily Analysis – September 6, 2023

by ForexCycle.com | September 6, 2023 1:46 am
GBP/USD is currently encountering support from the falling price channel on the 4-hour chart. In the coming days, we might observe range trading between the levels of 1.2515 and 1.2640. If the 1.2640 resistance level holds, it...

EURUSD Daily Analysis – September 6, 2023

by ForexCycle.com | September 6, 2023 1:37 am
EUR/USD has experienced a downside movement from 1.1275, reaching as low as 1.0705. Currently, the pair is facing the support of the price channel on the 4-hour chart. This suggests that we may see minor consolidation in...