EURUSD Retreats Sharply: Downtrend Reasserting or Bullish Hopes Dashed?

by ForexCycle.com | April 11, 2024 12:26 am
EURUSD has suffered a significant setback after failing to overcome a key hurdle. This analysis examines the technical situation and explores potential scenarios for the currency pair. EURUSD Rejected at Resistance: Sharp Decline Breaches Support: Crucial Support...

GBPUSD Stages Breakout: Downtrend Reversal Confirmed or Bull Trap?

by ForexCycle.com | April 10, 2024 1:59 am
GBPUSD has displayed a bullish sign, potentially breaking free from a downtrend. This analysis examines the technical situation and explores potential scenarios for the currency pair. GBPUSD Breaches Downtrend Line: Uptrend Resumption or False Breakout? New Support...

FORD (F) Needs Lower Prices After Ending A Double Correction

by elliottwave-forecast.com | April 9, 2024 4:58 pm
Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln luxury brand. FORD (F) Daily...

SPX Perfect Buying Opportunity At The Blue Box Area

by elliottwave-forecast.com | April 9, 2024 4:33 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of SPX. We presented to members at the elliottwave-forecast. In which, the rally from the 05 January 2024 low unfolded as...

NASDAQ NQ_F: Another Ongoing Buying Setup with Partial Profits Taken

by elliottwave-forecast.com | April 9, 2024 4:24 pm
In this technical article, we are going to present another Elliott Wave trading setup we got in NASDAQ Futures  (NQ_F) . The futures has extended pull back, giving us another buying opportunity. NQ_F completed correction at the...

SPX E-Mini (ES_F) Elliott Wave: Another Buying Setup

by elliottwave-forecast.com | April 9, 2024 4:13 pm
Hello fellow traders, As our members know we have had many profitable trading setups in Indies recently.   In this technical article, we are going to present another Elliott Wave trading setup we got in SPX E-Mini (ES_F)...

LLY Should Provide Opportunity In Few Weeks

by elliottwave-forecast.com | April 9, 2024 4:03 pm
Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It is having around 739 B market cap as on 8-April-2024. It is based in Indianapolis, Indiana, US, comes under Healthcare sector & trades as...

XLI Elliott Wave: Buying the Dips at the Blue Box Area

by elliottwave-forecast.com | April 9, 2024 3:45 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of XLI ETF, published in members area of the website. As our members know XLI is showing impulsive...