NVIDIA Corp ( $NVDA) Reacted From the Blue Box Area as Expected.

by elliottwave-forecast.com | May 13, 2024 8:13 pm
Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of NVIDIA Corp ($NVDA) . The rally from 5.02.2024 low at $812.70 unfolded as 5 waves impulse. So,...

Home Depot (HD) Reacted from the Blue Box Looking for more Downside

by elliottwave-forecast.com | May 13, 2024 7:32 pm
Home Depot (HD), is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. After...

Uranium Miners ETF (URA) Extends Impulsive Rally

by elliottwave-forecast.com | May 13, 2024 7:16 pm
The Uranium ETF (URA) is an exchange-traded fund that aims to track the performance of companies involved in the uranium mining industry. It provides investors with exposure to the global uranium sector, including companies engaged in uranium...

Four Major Economic Events to Watch This Week

by ForexCycle.com | May 13, 2024 2:05 pm
In the upcoming week, there are four major economic events that investors and market participants should keep an eye on: 1. US Inflation Data Release On Wednesday, the US will release its April inflation data. With previous...

Australian Dollar Consolidates Within Bullish Channel

by ForexCycle.com | May 13, 2024 12:47 pm
The AUDUSD currency pair has failed to break below the rising price channel support visible on the 4-hour chart. Instead, the pair has been trading sideways in a range between 0.6557 and 0.6646 over the past several...

British Pound Rebounds Strongly Against US Dollar

by ForexCycle.com | May 13, 2024 12:22 pm
After testing the key 1.2448 support level, the GBPUSD currency pair has staged an impressive rebound, rallying to the 1.2553 area in recent trading sessions. This bounce higher is likely the resumption of the broader uptrend that...

EURUSD Elliott Wave: Forecasting the Rally from Equal Legs Area

by elliottwave-forecast.com | May 10, 2024 3:46 pm
Greetings fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the website. As our members know, EURUSD has ended the cycle...

Elliott Wave Expects $AUDUSD to Break Higher

by elliottwave-forecast.com | May 10, 2024 3:35 pm
Short Term Elliott Wave in AUDUSD suggests the pullback to 0.636 ended wave (2). The pair has turned higher in wave (3) with internal subdivision in 5 waves in lesser degree. Up from wave (2), wave (i)...