GBP/USD Analysis: Bullish Momentum Continues

by ForexCycle.com | August 14, 2024 2:11 am
The GBP/USD pair has recently broken above the resistance level at 1.2839, extending its upward movement from 1.2664 to a high of 1.2872. This bullish trend suggests that further gains could be on the horizon. Key Levels...

EUR/USD Analysis: Breaking Through Resistance at 1.0945

by ForexCycle.com | August 14, 2024 12:31 am
The EUR/USD pair has recently broken above the resistance level at 1.0945 and is now approaching the next key resistance at 1.1008. This upward movement signals a potential continuation of the bullish trend that began from the...

XAU/USD Analysis: Key Resistance at 2484

by ForexCycle.com | August 13, 2024 10:13 am
Gold (XAU/USD) is currently facing a significant resistance level at 2484. A breakout above this level could indicate a resumption of the uptrend that began from the low of 1810 on October 6, 2023. If this happens,...

USD/JPY Update: Market Movements and Key Levels to Watch

by ForexCycle.com | August 13, 2024 5:14 am
On Monday, August 12th, the USD/JPY pair briefly surged above the 148 level before experiencing a pullback. Recent data from the Commodity Futures Trading Commission and the London Stock Exchange Group revealed that leveraged funds have reduced...

EUR/USD Analysis: Key Resistance at 1.0945

by ForexCycle.com | August 13, 2024 2:55 am
The EUR/USD pair is currently encountering a significant resistance level at 1.0945. Understanding how this level plays out could be crucial for traders looking to capitalize on potential price movements. Current Market Outlook Support Levels Summary The...

NASDAQ (NQ_F) Nice Reaction Higher From Blue Box Area

by elliottwave-forecast.com | August 12, 2024 9:46 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NASDAQ (NQ_F). We presented to members at the elliottwave-forecast. In which, the rally from the 13 October 2022 low unfolded...

Could be the Last Buying Opportunitty on American Express (AXP)?

by elliottwave-forecast.com | August 12, 2024 9:12 pm
American Express Company (Amex), symbol AXP, is an American multinational financial services corporation that specializes in payment cards. Headquartered in New York City, it is one of the most valuable companies in the world and one of...

Gold (XAUUSD) Has Gained More Than 45% Since Our 2022 Buy

by elliottwave-forecast.com | August 12, 2024 8:57 pm
In this technical article we’re going to take a quick look at the weekly Elliott Wave charts of GOLD (XAUUSD ) commodity , published in members area of the website. As many of our members are aware,...