Netflix Inc. ($NFLX) Found Buyers at the Blue Box Area as Expected.

by elliottwave-forecast.com | February 12, 2024 6:27 pm
Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of Netflix Inc. ($NFLX). The rally from 1.17.2024 low at $476.01 unfolded as 5 waves impulse. So, we...

XLI Found Buyers At The Equal Legs Area

by elliottwave-forecast.com | February 12, 2024 6:08 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLI ETF, published in members area of the website. As our members know we have been favoring...

AI Cryptos: 2 Coins to Add to Your Watchlist

by ForexCycle.com | February 10, 2024 12:06 pm
Are AI cryptos here to stay? Elliott Wave International’s Crypto Pro Service editor, Tony Carrion, reveals two AI coins that he’s watching right now. He walks you through his wave count, key price levels, and details the...

USDCAD Retreats: Uptrend Over or Temporary Dip?

by ForexCycle.com | February 8, 2024 3:51 am
USDCAD’s climb stalled as it encountered resistance at 1.3541, leading to a pullback that breached the 1.3464 support level. Let’s analyze the technicals to understand whether this signals a deeper decline or a mere pause in the...

USDJPY Pulls Back: Uptrend Consolidation or Downturn Signal?

by ForexCycle.com | February 8, 2024 3:27 am
USDJPY’s recent rally encountered resistance at 148.80, leading to a pullback. But is this a temporary pause or a sign of a potential trend reversal? Let’s analyze the technicals to understand what this means for the pair’s...

GBPUSD Rebounds: Will It Consolidate or Resume Downtrend?

by ForexCycle.com | February 8, 2024 3:00 am
GBPUSD has shown signs of life, bouncing from its low of 1.2518 and reaching 1.2641. This begs the question: is this the start of a new rally, or just a temporary pause in the downtrend from 1.2827?...

EURUSD Bounces Off Support: Will It Consolidate or Resume Downtrend?

by ForexCycle.com | February 8, 2024 2:24 am
EURUSD has found temporary relief at the 1.0723 support level, bouncing back to reach 1.0783. This raises the question: is a period of consolidation brewing, or will the downtrend from 1.1139 resume soon? Let’s analyze the technicals...

EURGBP Downtrend Resumes: Key Support Levels to Watch

by ForexCycle.com | February 7, 2024 1:52 am
After briefly flirtating with resistance, EURGBP has fallen back into its downtrend. Let’s analyze the technical picture to understand what this means for the pair’s next move. Downtrend Reinforced by Breakdown Potential Downside Targets Resistance and a...

USDCHF Surges Higher: Uptrend Resumed or Brief Rally?

by ForexCycle.com | February 7, 2024 1:43 am
USDCHF has displayed bullish momentum, breaking above the key resistance level of 0.8728. This breakout suggests a potential resumption of the uptrend that began at 0.8332. Let’s delve into the technical details to understand what this means...