XLF Into The New Highs After Reaching Blue Box Area

by elliottwave-forecast.com | November 12, 2024 7:10 pm
In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of XLF. In which, the rally from the 05 August 2024 low unfolded as an impulse structure and showed a higher high sequence....

AMD Elliott Wave Calling the Decline After Zig Zag Pattern

by elliottwave-forecast.com | November 12, 2024 7:01 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of AMD stock  published in members area of the website.  As our members know, AMD recently gave us...

Will Costco Wholesale (COST) Providing Opportunity To Buy Soon ?

by elliottwave-forecast.com | November 12, 2024 6:50 pm
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States & globally together with its subsidiaries. It offers branded & private-label products in the range of merchandise categories. It also operates e-commerce...

EURUSD Update: Downside Move Extends as Support Breaks

by ForexCycle.com | November 12, 2024 1:40 am
The EURUSD currency pair has recently seen a significant shift, breaking below the crucial support level of 1.0682. This move has extended its decline from a high of 1.0936, with the pair dipping as low as 1.0628....

Better Restaurants with Toast, Inc (TOST) Support

by elliottwave-forecast.com | November 11, 2024 7:24 pm
Toast, Inc. (TOST) operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, and India. The company offers software products for restaurant operations and point of sale. In addition, the company offers payroll...

EUR/USD Update: Key Levels to Watch After Resistance Test

by ForexCycle.com | November 11, 2024 1:22 am
The EUR/USD currency pair has encountered some challenges recently, failing to break above the resistance level of 1.0831. This resistance has proven to be a significant barrier, and as the market reacts, traders should keep a close...

Don’t Count on Fed to Rescue Economy: Here’s Why

by ForexCycle.com | November 8, 2024 3:05 am
By Elliott Wave International The Fed’s September lowering of the fed funds rate was greeted with widespread celebration on Wall Street. Yet, history shows that such moves by the Fed don’t always translate into a glowing economy....

EURUSD Stages a Comeback: Will Bulls Reclaim Lost Ground?

by ForexCycle.com | November 8, 2024 12:55 am
After a significant downturn that saw the EURUSD pair plummet from 1.0936 to a low of 1.0682, the currency pair is showing signs of life once again. This recent bounce has caught the attention of forex traders,...

Buyers are still in Control on Renminbi (USDCNH)

by elliottwave-forecast.com | November 6, 2024 8:10 pm
In the last years, the renminbi made a pause in his attempt to get stronger against USD dollar. In February 2014, renminbi found support at 6.0153 as wave ((III)) and from there it made a perfect zig...