EURUSD Slides Below Channel Support: Downside or Short-Lived Dip?

by ForexCycle.com | March 19, 2024 12:31 am
EURUSD has experienced a technical setback, breaching the lower boundary of a key indicator on its 4-hour chart. This analysis dives into the technical situation and explores potential scenarios for the currency pair. Uptrend Faces a Hurdle:...

Adobe Inc. ($ADBE) Is Poised To Rally Soon From a Blue Box Area.

by elliottwave-forecast.com | March 18, 2024 8:21 pm
Hello Traders! Today, we will look at the Daily Elliott Wave structure of Adobe Inc. ($ADBE) and explain why the stock should soon reach a Blue Box area and react higher. Adobe Inc. is an American multinational computer software company incorporated in...

$BKNG: Buying Booking Holdings Stock in a Pullback

by elliottwave-forecast.com | March 18, 2024 8:11 pm
Booking Holdings Inc. is an US American travel technology company. It owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable. It operates websites in about 40 languages and 200 countries. Founded 1996, Booking Holdings is...

Costco Wholesale ( COST ) Grand Super Cycle Upside Target

by elliottwave-forecast.com | March 18, 2024 7:41 pm
Costco Wholesale Corporation (Nasdaq: COST) went public on December 5, 1985 at $10.00 per share (before stock splits). It’s considered as one of the good performing stocks with only 9 negative years out of 37. Last month,...

$MARA: Buying Opportunity in Marathon Digital Holdings in 7 Swings

by elliottwave-forecast.com | March 18, 2024 7:14 pm
Marathon Digital Holdings Inc. (formerly Marathon Patent Group) is a digital asset technology company. It engages in mining cryptocurrencies, with a focus on the blockchain ecosystem and the generation of digital assets. Founded 2010 and headquartered in...

AUDUSD Tumbles Below Support: Uptrend Over or Temporary Dip?

by ForexCycle.com | March 18, 2024 2:55 am
AUDUSD has displayed a fresh wave of decline, breaking below a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. Downside Move Gains Momentum: Further Decline Expected: Signs of...

EURUSD Meets Support: Will the Uptrend Hold?

by ForexCycle.com | March 18, 2024 2:01 am
EURUSD has encountered a potential turning point, reaching a critical area on the technical chart. This analysis examines the current situation and explores potential scenarios for the currency pair. Uptrend at a Support Junction: Potential Scenarios: Downside...

USDCHF Soars: Downtrend Defeated or Bullish Illusion?

by ForexCycle.com | March 15, 2024 11:03 am
USDCHF has displayed a remarkable surge, decisively breaking above key resistance levels. This analysis examines the technical situation and explores potential scenarios for the currency pair. Bulls Charge Higher: Upside Targets in Sight: Support to Monitor: Overall...

USDJPY Stages Reversal: Bulls Back in Control?

by ForexCycle.com | March 15, 2024 10:51 am
USDJPY has displayed a significant shift in momentum, breaking above a key resistance level. This analysis explores the technical situation and potential scenarios for the currency pair. Upside Breakout or False Signal? Bullish Momentum Building: Support Levels...

EURUSD Tests Channel Support: Bounce or Breakdown?

by ForexCycle.com | March 15, 2024 10:31 am
EURUSD has encountered a hurdle in its uptrend, reaching the lower boundary of a technical indicator. This analysis examines the current situation and explores potential scenarios for the currency pair. Uptrend at a Crossroads: Potential Scenarios: Downside...