Elliott Wave Favors Further Upside in GBPUSD

by elliottwave-forecast.com | July 12, 2024 5:41 pm
GBPUSD broke above the previous peak on 6.12.2024 which opens up a bullish sequence from 4.22.2024 low. Rally from there is unfolding as a 5 waves impulse Elliott Wave structure where wave 1 ended at 1.286 and...

USDSGD Elliott Wave Analysis expects extensive decline

by elliottwave-forecast.com | July 12, 2024 5:28 pm
Hello traders. Welcome to a new blog post. In this one, we will discuss the future path for the USDSGD forex pair based on the Elliott wave theory. The path will include both long-term ideas and where...

Are You a “Betting Man”? Then Take a Look — and Make Your Bet

by ForexCycle.com | July 12, 2024 11:53 am
By Murray Gunn | Global Rates & Money Flows editor I have spent much of my career among professional traders. By nature, traders are a betting crowd; if they can’t bet on the markets, they’ll bet on something else....

Ethereum (ETHUSD) Incomplete Sequences Calling the Decline

by elliottwave-forecast.com | July 10, 2024 6:51 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Ethereum (ETHUSD). As our members know, ETHUSD is showing incomplete sequences in the cycle from the 3977...

USD/JPY Rises Amid Fed and BOJ Speculations

by ForexCycle.com | July 10, 2024 9:31 am
On Tuesday, July 9th, the USD/JPY pair increased by 0.29%, closing at 161.28. This keeps the pair just below the 38-year high of 161.95 reached last week. Key Factors Influencing USD/JPY Upcoming Events to Watch Technical Analysis...

GBP/USD Technical Analysis: Consolidation Phase After Recent Rally

by ForexCycle.com | July 10, 2024 12:35 am
The British Pound (GBP) has shown impressive strength against the US Dollar (USD) recently, extending its upward move from 1.2612 to reach a high of 1.2845. However, the pair is now facing resistance at the 1.2860 level,...

S&P 500 E Mini (ES_F) Perfect Reaction Higher From Blue Box Area

by elliottwave-forecast.com | July 9, 2024 7:50 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of S&P 500 E Mini ES_F. We presented to members at the elliottwave-forecast. In which, the rally from the 31 May...

Micron Technology Inc (MU) Rallied as Expected Making More than 200%

by elliottwave-forecast.com | July 9, 2024 7:39 pm
Micron Technology, Inc. (MU) designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides...

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

by elliottwave-forecast.com | July 9, 2024 7:24 pm
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of DAX published in members area of the website. As our members know DAX  is showing impulsive bullish sequences...