GDXJ Searching for Bottom Before Next Bullish Leg

by elliottwave-forecast.com | February 6, 2024 9:42 pm
GDXJ is an ETF tracking small-cap gold and precious metals mining companies. It has a focus on smaller, more volatile firms. Thus it offers exposure to this precious metal sectors, but investors should be cautious of increased...

Will COST Provide Any Short Term Trading Opportunity?

by elliottwave-forecast.com | February 6, 2024 9:22 pm
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China & Taiwan together with its subsidiaries. It offers branded...

EURGBP: Bucking the Trend with a Breakout?

by ForexCycle.com | February 6, 2024 5:07 am
The EURGBP pair has ascended past the resistance mark of its falling price channel as visualized on the 4-hour chart. Its successful breach above the key resistance at 0.8567 suggests an end to the downward trajectory from...

GBPUSD Slumps Below Support: Key Levels to Watch

by ForexCycle.com | February 6, 2024 4:35 am
GBPUSD has continued its downward trajectory, breaking below the key support level of 1.2596 and reaching a low of 1.2518. Let’s break down the technical analysis to understand where the pair might head next. Support Levels and...

EURUSD Breaks Down: Key Support Levels in Focus

by ForexCycle.com | February 6, 2024 4:11 am
The EURUSD pair has plunged below the lower trendline of its 4-hour falling price channel, extending its decline to reach 1.0723, where it encounters the key support level of December 8th, 2023 low. Let’s analyze the technical...

EURCAD Selling Perfectly From The Blue Box Area

by elliottwave-forecast.com | February 5, 2024 6:25 pm
In this technical blog, we are going to take a look at the past performance of EURCAD 1-Hour Elliott wave Charts that we presented to our members. In which, the decline from the 1/25/2024 peak took place...

BTCUSD Found Buyers At The Equal Legs Area

by elliottwave-forecast.com | February 5, 2024 6:14 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of BTCUSD  published in members area of the website.  As our members know Bitcoin has given us 3...

Crowdstrike Holdings (NASDAQ: CRWD) Surging Into New All Time Highs

by elliottwave-forecast.com | February 5, 2024 5:47 pm
Crowdstrike Holdings (NASDAQ: CRWD) is a global cybersecurity leader based in Austin, Texas. It has an advanced cloud-native platform for protecting endpoints, cloud workloads, identities and data. In this article, we will be delve into the Elliott Wave structure based...