OIL ($CL_F) Elliott Wave Forecasting The Rally

by elliottwave-forecast.com | February 27, 2019 8:42 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of OIL. As our members know we were calling for further strength in OIL lately. Pull back against...

Elliott Wave View: Downside Pressure in EURGBP

by elliottwave-forecast.com | February 26, 2019 9:36 pm
EURGBP shows a sequence of lower low from August 29, 2017 high, suggesting further downside is likely. The bounce to 0.9105 on January 3, 2019 high ended wave (2). From there, pair declines as a double three...

Progress in Brexit Negotiation Supports Poundsterling

by elliottwave-forecast.com | February 25, 2019 8:31 pm
British Pound Sterling is the best performing major currency last week. The Pound Sterling shows strength as the market senses progress towards a Brexit deal. This follows news pointing to progress in Brexit negotiations. Last week UK...

AUDCAD Elliott Wave View: Forecasting The Decline

by elliottwave-forecast.com | February 25, 2019 8:31 pm
In this technical blog, we are going to take a look at the past performance of AUDCAD Elliott Wave 1-Hour Charts that we presented to our members. In which, the bounce to 1/31/2019 peak (0.9581) ended wave...

USDPLN Elliott Wave Forecast: Identifying Blue Box Area

by elliottwave-forecast.com | February 24, 2019 9:06 pm
In this blog, we take a look at Elliott Wave structure of USDPLN forex pair since 1/31/2019 low and our main goal is to identify the blue box area within the pull back and what we could...

Elliott Wave View: DAX Bullish Sequence Favors More Upside

by elliottwave-forecast.com | February 21, 2019 9:26 pm
DAX has broken above February 6, 2019 high (11371.74) and shows a bullish sequence from December 28, 2018 low (10279.20). On the chart below, we put a bullish sequence stamp and right side higher to indicate the...

BAC Elliott Wave Analysis: Blue Boxes calling the reaction lower

by elliottwave-forecast.com | February 21, 2019 9:26 pm
Today, I want to share with you some Elliott Wave charts of the Bank of America stock ( BAC ), which we presented to our members at Elliott Wave Forecast. You see the 1-hour updated chart presented to our clients on the 02/13/19...

SPY : The Index Heading for All-Time High

by elliottwave-forecast.com | February 21, 2019 9:12 pm
The ETF is rallying from the blue box after forming the low on 12.26.2018, Blue box is an area where buyers and sellers agree in the next direction. We have developed a system in which we present...

Elliott Wave View: Gold Looking to break 2018 High

by elliottwave-forecast.com | February 20, 2019 9:03 pm
We have highlighted the possibility that Gold can quickly retest the high in 2018. The chart below shows the yellow metal has broken above a long term bearish channel from Sept 5, 2011 high. In addition, it...

EOS Token Price Looking for A Technical Recovery

by elliottwave-forecast.com | February 19, 2019 8:55 pm
The EOS token is the cryptocurrency of the EOS network which is using the blockchain technology architecture to enable vertical and horizontal scaling of decentralized applications. 2018 was the worst year for cryptocurrency investors as the market...