Short Term Forex Analysis
Australian Dollar Breaks Key Support Against US Dollar
The AUDUSD currency pair’s pullback from the 0.6713 high has extended to as low as 0.6607, breaking below the support …Euro Pullback Tests Key Channel Support Against US Dollar
The EURUSD currency pair’s pullback from the 1.0894 high has extended to as low as 1.0817, facing the support of …US Dollar Breaks Out Against Swiss Franc, Further Upside Targeted
The USDCHF currency pair has broken out above the key 0.9101 resistance level in recent trading sessions. This bullish breakout …Australian Dollar Tests Key Channel Support Against US Dollar
The AUDUSD currency pair is once again facing the support of the rising price channel visible on the 4-hour chart. …US Dollar Regains Strength Against Japanese Yen
After a corrective pullback from the 156.79 high, the USDJPY currency pair has rebounded from the 153.59 low. The bounce …
Long Term Forex Analysis
US Dollar Breaks Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart, followed by a breakdown …US Dollar Pullback Tests Key Support Against Swiss Franc
The USDCHF currency pair has broken below the rising trendline support visible on the daily chart and is now testing …US Dollar Breaks Key Support Against Offshore Chinese Yuan
The USDCNH currency pair has broken below the 7.1713 key support level, suggesting that the recent upside move from the …USDCAD: Stuck in a Range, Eyes on 1.3977 and 1.3092
USDCAD has been trapped in a lateral dance between 1.3092 and 1.3977 for months, frustrating traders with its indecisiveness. The …EURUSD: Stuck in Neutral, Awaiting Breakout or Breakdown
EURUSD has been stuck in a holding pattern for months, trapped within a trading range between 1.0447 and 1.1275. The …
Special Focus
Crude Oil Remains in Downtrend, Key Support Test Looming
The WTI crude oil futures contract remains confined within a falling price channel visible on the 4-hour chart, staying in …Gold Uptrend Remains Intact Despite Recent Pullback
The XAUUSD (spot gold) remains in an overall uptrend that originated from the 1810 level. The recent pullback from the …Four Major Economic Events to Watch This Week
In the upcoming week, there are four major economic events that investors and market participants should keep an eye on: …Bitcoin Extends Pullback, But Longer-Term Uptrend Remains Intact
The BTCUSD cryptocurrency pair has extended its pullback from the 73,830 high, falling as low as 56,434 in recent trading …Nasdaq 100 Bounce Faces Key Technical Test
The Nasdaq 100 index (NAS100) has staged an impressive bounce from the 16,973 low, rallying as high as 18,170 in …
Daily Forex Reports
Bitcoin (BTCUSD) Incomplete Bullish Sequences Calling the Rally
In this technical article we’re going to take a quick look at the Elliott Wave charts of Bitcoin BTCUSD , …Vulcan Forged $PYR Turning Bullish From Blue Box Area
Vulcan Forged $PYR is a utility token used to buy NFTs and virtual assets within Vulcan Forged games marketplace. In today’s …There is no Reason to Sell iShares Silver Trust (SLV)
The iShares Silver Trust (SLV) is an exchange-traded fund (ETF) that tracks the price performance of the underlying holdings in the London Bullion …Elliott Wave Analysis on S&P 500 ETF (SPY) Calling for More Upside
Short Term Elliott Wave in S&P 500 ETF (SPY) suggests the rally from 4.20.2024 low is in progress as an …ZN Elliott Wave Analysis – trading US 10-Yr from extreme
Hello traders. In this blog post, we will examine the US 10-Yr US Treasury Note – ZN Elliott Wave Analysis. …