USD/JPY Approaches Key Resistance: What’s Next?

by ForexCycle.com | September 3, 2024 1:24 am
USD/JPY is currently testing the 147.34 resistance level, a critical point that could determine the pair’s next move. Potential Scenarios Conclusion USD/JPY is at a pivotal point, with the 147.34 resistance level in focus. A breakout could...

CrowdStrike (CRWD) Is Not Ready to Resume that Rally. Bull Trap Ahead.

by elliottwave-forecast.com | September 2, 2024 7:24 pm
CrowdStrike Holdings, Inc. (CRWD) is an American cybersecurity technology company based in Austin, Texas. It provides cloud workload and endpoint security, threat intelligence, and cyberattack response services. CrowdStrike (CRWD) July 2021 Daily Chart The chart above shows the daily view that we forecast 3 years...

EUR/USD: Downtrend Extends with Key Resistance in Focus

by ForexCycle.com | September 2, 2024 4:51 am
EUR/USD has continued its downward move, dropping from 1.1201 to a low of 1.1041. Key Levels to Watch Conclusion EUR/USD is in a downtrend, with the key resistance at 1.1100 determining the next move. A break below...

USD/JPY: Uptrend Resumes After Breaking Key Resistance

by ForexCycle.com | September 2, 2024 2:15 am
USD/JPY has broken above the falling trend line on the 4-hour chart, signaling that the downtrend from 149.36 has likely ended at 143.44. What to Expect Next? Conclusion USD/JPY has shifted back into an uptrend after breaking...