Chevron (CVX) Double Correction Possible While Trend Remains Bullish

by elliottwave-forecast.com | August 5, 2024 6:51 pm
Chevron Corporation is a global energy company that specializes in oil and gas. It’s headquartered in San Ramon, California, and operates in more than 180 countries. Below we update the long term Elliott Wave outlook of the company....

Travelers (TRV) is Showing an Incomplete Bullish Sequence

by elliottwave-forecast.com | August 5, 2024 6:30 pm
The Travelers Companies, Inc., TRV, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. Weekly TRV Chart July 2023 One...

GBP/USD Analysis: Potential for Strength Despite Recent Rate Cut

by ForexCycle.com | August 5, 2024 9:10 am
Last week, the Bank of England (BoE) cut interest rates by 25 basis points, causing the GBP/USD to initially drop to around 1.27. However, following unexpectedly weak US non-farm payroll data, the pair rebounded, closing at 1.2801...