FCX (Freeport-McMoRan) Favors Upside Bullish Sequence

by elliottwave-forecast.com | May 21, 2024 3:34 pm
Freeport-McMoRan Inc., (FCX) engages in the mining of minerals in North America, South America & Indonesia. It primarily explores for Copper, Gold, Molybdenum, Silver & other metals. It is based in Phoenix, Arizona, US, comes under Basic...

Gold to Silver Ratio Has Resumed Lower

by elliottwave-forecast.com | May 21, 2024 3:22 pm
Gold-to-Silver ratio had an overshoot to the upside during the Covid-19. It ended the all-time high on March 2020 at 126.4. The peak time is similar to the major low in World Indices. The ratio then quickly...

BABA Stock: Forecasting the Rally from the Equal Legs Area

by elliottwave-forecast.com | May 20, 2024 5:59 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of BABA Stock, published in members area of the website. As our members know we have been forecasting...

Elliott Wave Expects Silver (XAGUSD) Pullback to Find Support

by elliottwave-forecast.com | May 17, 2024 5:01 pm
Short Term Elliott Wave in Silver (XAGUSD) suggests the metal rallies in impulsive structure from 10.3.2023 low. Up from there, wave (1) ended at 25.91 and dip sin wave (2) ended at 21.94. The metal then extended...

Ethereum (ETHUSD) : Incomplete Sequences Calling the Decline

by elliottwave-forecast.com | May 16, 2024 12:38 am
In this technical article we’re going to take a quick look at the Elliott Wave charts of Ethereum ETHUSD , published in members area of the website. As our members know, ETHUSD is showing incomplete sequences in...

Alephium $ALPH Enters Extreme Daily Buying Area

by elliottwave-forecast.com | May 16, 2024 12:29 am
Alephium is a Layer 1 blockchain network designed to address the limitations of existing solutions and initiate a new era of decentralized applications (dApps) and decentralized finance (DeFi). In today’s article, we’ll explore the daily Elliott Wave structure of...

Elliott Wave Expects Bank of America (BAC) to Continue Higher

by elliottwave-forecast.com | May 15, 2024 4:07 pm
Short Term Elliott Wave in Bank of America (BAC) shows incomplete bullish sequence from 4.16.2024 low. Up from there, wave (1) ended at 38.49. Dips in wave (2) unfolded as a zigzag structure. Down from wave (1),...