Elliott Wave Theory Suggests EURJPY Remains Bullish

by elliottwave-forecast.com | April 18, 2024 8:19 pm
Short term Elliott Wave view in EURJPY suggests that rally to 165.35 ended wave 3. Wave 4 pullback unfolded as a double three Elliott Wave structure. Down from wave 3, wave ((w)) ended at 162.59 and wave...

USDJPY at a Crossroads: Uptrend Consolidation or Deeper Pullback?

by ForexCycle.com | April 18, 2024 3:50 am
USDJPY has reached a critical juncture, facing a key support level. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDJPY Tests Support: Uptrend Consolidation or Correction? Breakdown Scenario: Overall Sentiment: The...

EURUSD Rebounds: Downtrend Reversal or Correction Within a Downtrend?

by ForexCycle.com | April 18, 2024 3:18 am
EURUSD has displayed a promising sign, potentially interrupting its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Breaches Resistance: Is This a Trend Reversal or Correction? Support Levels...

EURJPY Found Buyers After 3 Waves Pull Back

by elliottwave-forecast.com | April 17, 2024 6:39 pm
Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURJPY, published in members area of the website. As many of you already know, we’ve been leaning...

NVDA Reacting Higher After Ending A-B-C Correction

by elliottwave-forecast.com | April 17, 2024 6:19 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NVDA. We presented to members at the elliottwave-forecast. In which, the rally from 03 January 2024 low unfolded as an impulse structure...

This doesn’t happen very often…

by ForexCycle.com | April 17, 2024 2:24 pm
The last time our friends at Elliott Wave International ran their State of the Global Markets event, they shared the entire January 2023 issue of their most comprehensive forecasting publication: Global Market Perspective. In that January issue alone, EWI’s analysts...

AUDUSD Slides Lower: Downtrend Deepening or Short-Term Dip?

by ForexCycle.com | April 17, 2024 2:48 am
AUDUSD has displayed renewed weakness, extending its recent decline. This analysis examines the technical situation and explores potential scenarios for the currency pair. AUDUSD Extends Downtrend: Downside Momentum Persists: Signs of a Correction? Upside Scenario if Resistance...

SuperVerse $SUPER New Investment Opportunity

by elliottwave-forecast.com | April 16, 2024 5:53 pm
SuperVerse $SUPER is building and delivering Web3 products that empower crypto natives with next-generation NFT functionality, and onboard Web2 users through immersive blockchain gaming experiences. In today’s article, we’ll take a look at the recent daily bullish setup that...