Duke Energy Corporation (NYSE: DUK), a prominent American electric power and natural gas holding company, has long been a stalwart in the utilities sector. However, recent market conditions have presented significant challenges for the company, and it...
By Elliott Wave International We all love Mom and Pop and cherish the valuable lessons about life they’ve given us along the way. Yet, when it comes to investing, Mom and Pop may need to learn some...
Platinum (PL) is still correcting cycle from 9.1.2022 low before the rally resumes. We also present an alternate view if the pivot at September 2022 low (796.8) fails. If it breaks below 796.8, it suggests a bigger...
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NVDA. We presented to members at the elliottwave-forecast. In which, the rally from 13 October 2022 low is unfolding as...
GBP/USD continues to be governed by a falling trend line on the 4-hour chart, indicating its ongoing downtrend from the level of 1.2745. As long as the price remains below the trend line, any bounces observed from...
EUR/USD has continued its downward movement, reaching as low as 1.0447. Currently, the price is within a falling price channel on the 4-hour chart. If we see a bounce from the 1.0447 level, it could be viewed...
Hello Traders! Today, we will look at the Elliott Wave structure of SPDR Utilities Select Sector ($XLU) and explain why the stock is bound to end a cycle and bounce soon. The Utilities Select Sector SPDR® Fund seeks...
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. As our members know the pair is showing incomplete...
USD/CAD has successfully broken above the resistance level at 1.3694, indicating a potential further rise in the near term. After a period of minor consolidation, the next target for the pair could be around the 1.3750 area....
AUD/USD is currently approaching the key support level at 0.6330. If the price breaks below this level, it could initiate further downside momentum towards 0.6290, with the next support area being around 0.6220. Conversely, in the event...
