GBPJPY: Stalemate at Support – Will the Bulls Regroup or Give Way?

by ForexCycle.com | March 6, 2024 3:10 am
GBPJPY has encountered resistance at 191.30 and is currently testing the critical support level of 190.20. This analysis delves into the technical situation and explores potential scenarios for the currency pair. Bulls Challenged at Resistance: Uptrend on...

GBPUSD Breaks Resistance: Uptrend Resumes or Short-Lived Rally?

by ForexCycle.com | March 6, 2024 2:51 am
GBPUSD has recently broken above a key resistance level, signaling a potential continuation of the uptrend. This analysis explores the technical implications of this breakout and potential future scenarios for the currency pair. Breakout Confirms Uptrend Continuation:...

EURUSD Stalemate: Uptrend on Hold or Poised for Breakout?

by ForexCycle.com | March 6, 2024 2:35 am
EURUSD has been stuck in a sideways range between 1.0789 and 1.0887 for several days, leaving traders uncertain about the pair’s next move. This analysis explores the technical outlook and potential scenarios for EURUSD. Uptrend in Limbo:...

QQQ Strong Reaction Higher From The Blue Box Area

by elliottwave-forecast.com | March 5, 2024 5:10 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of QQQ. We presented to members at the elliottwave-forecast. In which, the rally from the 21 February 2024 low unfolded as...

Will Crocs Inc (CROX) Continue Upside As Bullish Sequence?

by elliottwave-forecast.com | March 5, 2024 5:02 pm
Crocs Inc., (CROX) designs, manufactures, markets & distributes casual lifestyle footwear & accessories for men, women & children worldwide. The company sells its products in approximately 85 countries through wholesalers, retail stores, e-commerce sites & third-party marketplaces....

GBPJPY: Bulls Eyeing Resistance – Uptrend or Headwinds?

by ForexCycle.com | March 5, 2024 11:17 am
GBPJPY is currently facing resistance at the 191.30 level. This analysis will explore the potential implications of a breakout or breakdown from this key level, examining both upside and downside scenarios for the currency pair. Resistance Awaits:...

EURGBP Stumbles: Uptrend Stalled or Reversal in Sight?

by ForexCycle.com | March 5, 2024 11:02 am
EURGBP attempted to push higher but failed to overcome resistance at 0.8577, leading to a pullback. This analysis explores the technical situation and potential future scenarios for the currency pair. Uptrend Challenged: Is the Momentum Lost? Potential...

GBPUSD: Staring Up at Resistance – Will the Bulls Break Through?

by ForexCycle.com | March 5, 2024 10:33 am
GBPUSD is currently facing resistance at the 1.2709 level. This analysis will delve into the potential implications of a breakout or breakdown from this key level, exploring both upside and downside scenarios for the currency pair. Resistance...

Silver Miners (SIL) Still Finding Bottom

by elliottwave-forecast.com | March 5, 2024 1:24 am
The silver miners ETF (SIL) is an exchange-traded fund that seeks to track the performance of companies primarily engaged in silver mining. By investing in SIL, investors gain exposure to a diversified portfolio of silver mining companies,...