GBP/USD Analysis: Downtrend Continues with Key Levels to Watch

by ForexCycle.com | August 7, 2024 12:45 am
The GBP/USD pair has extended its downward move from 1.3044 to a recent low of 1.2672. Let’s break down the key levels and potential scenarios for traders to watch in the coming days. Current Trend Key Levels...

Deckers Outdoor (DECK) Favors Sideways Correction Before Rally Again

by elliottwave-forecast.com | August 6, 2024 4:47 pm
Deckers Outdoor Corporation (DECK), designs, markets & distributes footwear, apparel & accessories for casual lifestyle use & high-performance activities in US and internationally. It sells products through domestic & international sellers, distributors & directly its consumers through...

Oil (CL) Should Continue Lower to Build an Impulsive Structure

by elliottwave-forecast.com | August 6, 2024 4:18 pm
Short Term Elliott Wave View in Oil (CL) suggests that cycle from 4.12.2024 high is in progress as a 5 waves impulse Elliott Wave structure. Down from 4.12.2024 high, wave (1) ended at 72.48 and rally in...

USD/JPY Technical Analysis: Consolidation and Key Levels to Watch

by ForexCycle.com | August 6, 2024 1:23 am
The USD/JPY pair has seen significant movement recently, extending its decline from 161.95 to a low of 141.68. However, a subsequent bounce to 146.36 suggests that the pair is currently in a consolidation phase. Here’s what to...

Destra Network DSYNC Started New Bullish Sequence

by elliottwave-forecast.com | August 5, 2024 8:01 pm
DSYNC Destra Network is a decentralized cloud solutions project utilizing AI computing mechanisms and advanced technologies like IPFS and ENS. In today’s article, we’ll explain the daily Elliott Wave structure taking place and explore the potential outcome for the token....

Soybeans Futures ( ZS_F ) Elliott Wave : Forecasting the Decline

by elliottwave-forecast.com | August 5, 2024 7:42 pm
In this technical article we’re going to take a quick look at the Elliott Wave charts of Soybeans Futures ( $ZS_F )  , published in members area of the website. As our members know, ZS_F has recently...

COST (Costco Wholesale) Should Pull Back Before Rally Resume

by elliottwave-forecast.com | August 5, 2024 7:23 pm
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China & Taiwan together with its subsidiaries. It offers branded...

USDSGD Elliott Wave : Calling the Decline From the Extreme Zone

by elliottwave-forecast.com | August 5, 2024 7:11 pm
Hello fellow traders. In this technical article we’re going to take a quick look at the Elliott Wave charts of USDSGD Forex pair , published in members area of the website. As our members know, USDSGD has...