Revisiting an Old Friend: The Beauty of Elliott Wave Analysis in AUD/USD
In the world of forex trading, flexibility is key. One of the most rewarding aspects of trading is the ability to adjust...
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Temporary Dollar Strength and Potential Triangle Formation
July 24, 2024 The EUR/USD pair is currently displaying an interesting technical pattern that traders should watch closely. As seen in the...
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Dollar Bearishness Continues: DXY Approaches Channel Resistance
Reignited hopes for a September rate cut have sent the Dollar Index tumbling to 103.650 in July. As the DXY finds support...
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Gold Analysis (July 22nd, 2024): XAU-ly Ascending in a Channel
Traders and investors of Gold (XAUUSD) must have felt frustrated over the past 3 months, as Gold has seemingly formed a strong...
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USD/JPY: The Summit Reached, Time for the Descent?
The USD/JPY pair has experienced a notable decline this month, with the price dropping by approximately 4%. This movement is depicted in...
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Nike Stock Entering Buy Zone, Oversold on Weekly RSI
Nike is currently descending rapidly, forming a huge red weekly candle on the beginning of July, creating a -22% drop. While this...
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AUD/USD Unfolding Triangle
The AUD/USD pair is currently exhibiting a fascinating technical pattern, unfolding into a triangle formation. This sideways movement is intriguing as it...
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Nasdaq 100 Analysis (July 12th, 2024): ABC After New Highs
Will the Nasdaq 100 recover from its significant daily bearish candle? It’s certainly proven itself resilient in the past few months, and...
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AUD/USD: The race to 2%!
As Australia grapples with controlling its inflation, the United States has adopted a more dovish stance this quarter compared to the rest...
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BTC Analysis (July 9th, 2024): Relief After Dip Below $60K?
After a price decline of 15% from $63,750, where Bitcoin rejected off the Daily 20 Exponential Moving Average (EMA), the Bitcoin price...
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USD/CHF: Diverging Monetary Policies and Strategic Trade Opportunities
The USD/CHF currency pair presents an interesting scenario as the US Federal Reserve and the Swiss National Bank (SNB) diverge in their...
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CADCHF Analysis (July 5th, 2024): Drop Before Rise Possible
In a few hours time at 12:30 UTC, the Canadian Employment Change and Unemployment Rate data will be released, which could catalyse...
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