USDJPY Analysis – January 5, 2024

by ForexCycle.com | January 5, 2024 10:50 am
The USDJPY currency pair has experienced a significant breakthrough, surpassing the key resistance level at 144.95. This breakout indicates that the previous downward movement from 151.90 has likely concluded at 140.25. The recent price action suggests the...

GBPUSD Analysis – January 4, 2024

by ForexCycle.com | January 4, 2024 12:22 pm
The GBPUSD currency pair has been trading sideways within a range bound by 1.2610 and 1.2827. This consolidation phase suggests a period of indecision in the market, with buyers and sellers closely balanced. Looking ahead, there is...

EURUSD Analysis – January 4, 2024

by ForexCycle.com | January 4, 2024 12:06 pm
The EURUSD currency pair has made a significant breakthrough, surpassing the resistance level at 1.0965. This breakout suggests that the previous downward movement from 1.1139 has concluded at 1.0893. The recent price action indicates a potential upward...

Cameco (CCJ) Should Continue Bullish Trend in 2024

by elliottwave-forecast.com | January 3, 2024 7:22 pm
Cameco Corporation, headquartered in Saskatoon, is a key player in uranium production. It operates major mines globally. As a significant contributor to the nuclear energy sector, the company’s success is influenced by uranium prices and regulatory dynamics....

XLV Making Strong Reaction Higher From Extreme Area

by elliottwave-forecast.com | January 3, 2024 6:56 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of XLV. We presented to members at the elliottwave-forecast. In which, the rally from 27 October 2023 low unfolded as an impulse structure....

$FSR : Weekly Buying Opportunity in EV Stock Fisker

by elliottwave-forecast.com | January 2, 2024 8:15 pm
Fisker Inc. is an US American automotive company. It is producing electric sport utility vehicles (SUVs) like Fisker Ocean, Pear, Ronin and Alaska. Founded 2016, headquartered in Los Angeles, California, US, it is a component of the Russel3000...

Apple Inc. ($AAPL) Found Buyers at the Blue Box Area as Expected.

by elliottwave-forecast.com | January 2, 2024 8:00 pm
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of Apple Inc ($AAPL). The rally from 12.11.2023 low at $191.42 unfolded as 5 waves. So, we expected...

EURNZD Selling The Rallies At The Blue Box Area

by elliottwave-forecast.com | January 2, 2024 7:43 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURNZD published in members area of the website.  As our members know, the pair is showing incomplete...

XPO INC (XPO) Looking To End Impulsive Rally

by elliottwave-forecast.com | January 2, 2024 7:24 pm
XPO INC., (XPO) provides freight transportation services in United States, rest of North America, Europe, UK & internationally. It operates in two segments, North American LTL & European Transportation & offers services to different industries. It is...

Palantir (PLTR) Rally Is Not Ready To Show Up Again

by elliottwave-forecast.com | January 2, 2024 7:11 pm
Palantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments.  The firm offers automotive, financial compliance, legal intelligence, mergers and...