OIL (CL_F) Elliott Wave: Incomplete Sequences Forecasting The Path

by elliottwave-forecast.com | May 1, 2024 5:11 pm
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of  Oil published in members area of the website. The commodity shows bullish sequences in the cycle from the 67.75 low. Consequently...

Elliott Wave Expects IBEX to Pullback Lower

by elliottwave-forecast.com | May 1, 2024 5:03 pm
Short Term Elliott Wave View on IBEX suggests rally from 10.25.2023 low is in progress as a 5 waves impulse. Up from 10.25.2023 low, wave (1) ended at 10301.2 and pullback in wave (2) ended at 9798.80....

WTI Tests Channel Support: Uptrend at Risk or Pullback Opportunity?

by ForexCycle.com | May 1, 2024 3:51 am
WTI’s price action is at a crossroads, with a key support level in focus. This analysis examines the technical situation and explores potential scenarios for the oil market. WTI at Channel Support: Uptrend or Correction? Downturn Targets...

USDCHF Charges Higher: Uptrend Confirmed or Further Gains Ahead?

by ForexCycle.com | May 1, 2024 2:30 am
USDCHF has displayed continued strength, with the price reaching new highs. This analysis examines the technical situation and explores potential scenarios for the currency pair. USDCHF Maintains Uptrend: Upside Targets in Focus: Support Levels to Consider: Overall...

EURUSD Breaks Channel Support: Uptrend Over or Short-Term Correction?

by ForexCycle.com | May 1, 2024 1:26 am
EURUSD’s price action has shifted, raising questions about the future direction of the currency pair. This analysis examines the technical situation and explores potential scenarios. EURUSD Falls Below Channel: Downtrend Resumption or Pullback? Support Levels in Focus:...