GBPJPY Breaks Above Resistance at 184.30, Potential for Upside Move

by ForexCycle.com | January 11, 2024 4:16 am
GBPJPY has broken above the key resistance level at 184.30, indicating a bullish move. Further upside potential is expected after a minor consolidation. The next target for the pair is projected to be at 187.30, followed by...

EURUSD in Sideways Trading Range, Potential for Upside Breakout

by ForexCycle.com | January 11, 2024 3:46 am
EURUSD has been moving sideways within a trading range between 1.0910 and 1.0998. Currently, it is facing resistance at the upper boundary of this range, around 1.0998. If the price manages to break above this resistance level,...

GBPUSD Faces Resistance at 1.2770, Potential for Upside Breakout

by ForexCycle.com | January 11, 2024 3:30 am
GBPUSD is once again facing resistance at the 1.2770 level. If the price manages to break above this resistance, it could potentially test the next resistance level at 1.2827. A successful breakout above 1.2827 would then aim...

Exxon Mobil Corp ($XOM) Found Buyers from Extreme Area.

by elliottwave-forecast.com | January 10, 2024 9:59 pm
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of Exxon Mobil Corp ($XOM). The rally from 12.12.2023 low at $97.47 unfolded as 5 waves impulse. So,...

META Elliott Wave: Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | January 10, 2024 9:36 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of META stock published in members area of the website.  As our members know, META is showing incomplete...

USDJPY Rebounds, Potential for Upside Move in Long-term

by ForexCycle.com | January 10, 2024 2:05 am
USDJPY has rebounded from the support level at 140.25, with the falling trend line on the weekly chart providing additional support. This suggests that the pullback from 151.90 has completed, indicating a potential for another rise in...

GBPUSD Consolidates in a Trading Range, Potential for Upside Move

by ForexCycle.com | January 10, 2024 1:47 am
GBPUSD has failed to break above the 1.2770 resistance level and is currently trading sideways within a range between 1.2673 and 1.2770. In this consolidation phase, several potential scenarios can be considered. As long as the 1.2673...

EURUSD Breaks Above Resistance, Potential for Upside Move

by ForexCycle.com | January 10, 2024 1:18 am
EURUSD has recently broken above the resistance level at 1.0972, suggesting that the downside move from 1.1139 has completed at 1.0876. This breakout indicates a potential for another rise in the coming days. If the price manages...

Will ANF Provide Any Buying Opportunity?

by elliottwave-forecast.com | January 9, 2024 7:50 pm
Abercrombie & Fitch Co., (ANF) operates as a specialty retailer in the United States, Europe, Middle East, Asia & Asia-Pacific & Internationally. The company operates though two segments, Hollister & Abercrombie, which operates through its stores, various...