Unlock Your Trading Potential with EA Builder

by ForexCycle.com | June 6, 2024 1:03 pm
In the ever-evolving landscape of trading, having the right tools can make all the difference between success and failure. EA Builder is a revolutionary web-based application designed to simplify the creation of custom indicators and automated trading...

The Fed Leads and the Market Follows? It’s a Big Fat MYTH

by ForexCycle.com | June 6, 2024 12:05 pm
By Murray Gunn | Head of Global Research, Elliott Wave International We help investors by analyzing what really drives the markets. Along the way, we often uncover a market myth, something most investors believe moves the markets, but...

Natural Gas Faces Key Resistance, Potential Uptrend Resumption

by ForexCycle.com | June 6, 2024 1:43 am
The natural gas futures contract is currently facing a key resistance level at 2.849. A bullish breakout above this level would likely indicate that the broader uptrend from the 1.574 low on February 19th has resumed. Upside...

Short Term Elliott Wave Structure in Oil (CL_F) Favors Downside

by elliottwave-forecast.com | June 5, 2024 2:29 pm
Short Term Elliott Wave in Oil (CL_F) shows incomplete Elliott Wave bearish sequence from 04.12.2024 high. Down from there, wave 1 ended at 76.15 like the 1 hour chart below shows. Rally in wave 2 unfolded in...

GBPAUD Reacting Higher From Elliott Wave Extreme Area

by elliottwave-forecast.com | June 4, 2024 7:51 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of GBPAUD. In which, the rally from the 09 May 2024 low unfolded in a corrective sequence but provided an...

LLY Should Find Support In Pullbacks

by elliottwave-forecast.com | June 4, 2024 7:42 pm
Eli Lilly & Company (LLY) discovers, develops & markets human pharmaceuticals worldwide. It is based in Indianapolis, Indiana, US, comes under Healthcare sector & trades as “LLY” ticket at NYSE. As showing in the previous article from...

Crude Oil Downtrend Resumes After Breaking Key Support

by ForexCycle.com | June 4, 2024 1:22 am
The WTI crude oil futures contract has broken below the key 76.01 support level, plunging as low as 73.65 in recent trading sessions. This technical breakdown suggests that the broader downtrend from the 87.07 high on April...