GBPUSD: Bullish Run Pauses, Consolidation or Reversal?

by ForexCycle.com | March 12, 2024 1:40 am
GBPUSD has displayed a recent shift in momentum, prompting a closer look at the technical situation. This analysis explores the potential scenarios for the currency pair. Upside Momentum Stalls: Consolidation or Reversal? Key Levels to Watch: Overall...

Ethereum (ETHUSD) : Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | March 11, 2024 6:09 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of ETHUSD published in members area of the website.  As our members know Ethereum has given us 3...

Dow Futures ( YM_F ) : Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | March 11, 2024 5:56 pm
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of Dow Jones Futures published in members area of the website.  As our members know YM_F has recently ...

USDJPY Tumbles Lower: Will the Bears Retain Control?

by ForexCycle.com | March 11, 2024 9:09 am
USDJPY has been on a steep decline, reaching new lows and testing important technical levels. This analysis examines the current situation and explores potential scenarios for the currency pair. Downside Move Deepens: Can Bears Maintain Pressure? Potential...

GBPUSD Bulls Charge Higher: Can the Uptrend Break New Ground?

by ForexCycle.com | March 11, 2024 8:21 am
GBPUSD has been on a tear, decisively breaking above resistance and reaching new highs. This analysis dives into the technical implications of this breakout and explores potential scenarios for the currency pair. Uptrend Gains Momentum: Resistance Leveled...

EURUSD Consolidates Uptrend: Further Gains or Reversal on the Horizon?

by ForexCycle.com | March 11, 2024 7:57 am
EURUSD has been navigating an uptrend, but recent price action suggests a potential shift. This analysis examines the technical outlook and explores potential scenarios for the currency pair. Uptrend on Hold: Consolidation Phase Emerges Upside Potential Remains:...

New Elliott wave course: My 3 Favorite Trade Setups

by ForexCycle.com | March 10, 2024 2:19 am
You want to turn Elliott wave theory into a practical trading tool — right? Of course you do! Our friends at Elliott Wave International have a new resource to help you do just that. Their primary Trader’s Classroom instructor, Robert Kelley, has a...

USDCAD Slides Below Support: Downward Spiral or Short-Term Correction?

by ForexCycle.com | March 8, 2024 12:13 am
USDCAD has been on a downward path, breaching a key technical level and approaching another critical zone. This analysis explores the technical situation and potential future scenarios for the currency pair. Breakdown Confirmed: Downtrend in Focus Potential...

USDJPY Eyes Lower Levels: Downtrend in Control or Temporary Dip?

by ForexCycle.com | March 8, 2024 12:02 am
USDJPY has been on a downward trajectory, extending its decline from previous highs. This analysis dives into the technical situation and explores potential scenarios for the currency pair. Downtrend Deepens: Can Bears Maintain Momentum? Potential for Rebound:...