$VZ: Verizon Communications Starts New Bullish Cycle

by elliottwave-forecast.com | January 31, 2024 10:33 pm
Verizon Communications Inc., commonly known as Verizon, is an US American telecommunications giant. Founded in 1983 as Bell Atlantic, it is a result of the break up of the Bell System into seven regional Baby Bells. Headquartered...

CADJPY Perfect Reaction Higher From Equal Legs Area

by elliottwave-forecast.com | January 31, 2024 10:21 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of the CADJPY. The rally from the 07 December 2023 low showed a higher high sequence & provided a short-term...

What “Fear Index” VIX May Be Signaling

by ForexCycle.com | January 31, 2024 3:47 pm
By Elliott Wave International First, just a quick basic fact about the CBOE Volatility Index (VIX) — also known as the stock market’s “fear gauge”: the lower the reading, the higher the complacency among investors. Higher readings...

EURCAD Market Analysis: Extended Downside and Possible Consolidation

by ForexCycle.com | January 31, 2024 1:12 am
EURCAD’s recent extended downside movement puts the pair in an interesting position with possible consolidation and key resistance levels in focus. Extended Downside Move EURCAD has pushed its downside activity further from 1.4734, reaching a new low...

USDCHF Market Analysis: Break and Potential Rebound

by ForexCycle.com | January 31, 2024 1:00 am
USDCHF has recently broken through significant levels and is currently standing at a crucial support level, painting a mixed picture for its future market movement. Key Breakthrough: Falling Below the Rising Channel USDCHF has notably broken below...

EURUSD Market Overview: Potential for Downtrend Closure

by ForexCycle.com | January 31, 2024 12:16 am
The EURUSD pair has notably exhibited diminishing downside momentum, suggesting an end might be imminent for the ongoing downtrend from 1.1139. Diminishing Downside Momentum The strong downside momentum previously exhibited by EURUSD appears to be diminishing. This...

SONY Ended Wave ((2)) Correction And Bullish Scenario Is On Going

by elliottwave-forecast.com | January 30, 2024 5:23 pm
Sony Group Corporation, commonly known as SONY, is a Japanese multinational conglomerate corporation. As a major technology company, it operates as one of the world’s largest manufacturers of consumer and professional electronic products, the largest video game...

Boston Scientific Corporation (BSX) Should Continue Uptrend & Remain Supported

by elliottwave-forecast.com | January 30, 2024 4:46 pm
Boston Scientific Corporation (BSX) develops, manufactures & markets medical devices for use in various interventional medical specialties worldwide. It operates through MedSurg & Cardiovascular segments. It offers devices to diagnose & treat different medical conditions and offer...

EURGBP Market Analysis: Extended Downside Movement

by ForexCycle.com | January 30, 2024 7:10 am
EURGBP has been on a steady downtrend, exhibiting extended downside activity from the 0.8714 mark. Extended Downside Movement and Continued Trend The EURGBP has extended its downside movement from the previous 0.8714 mark to reach lows of...