GBPAUD : Watching for Possible Selling Opportunities

by elliottwave-forecast.com | October 14, 2019 11:33 am
GBPAUD Technical Analysis October 12/2019 GBPAUD : Possible bearish patterns are visible on the 4 hour chart. Pink bearish pattern triggers SELLS at the point D XA 0.886% Fib. retracement level and the green bearish pattern triggers...

XAUUSD : Bullish Market Patterns

by elliottwave-forecast.com | October 14, 2019 11:33 am
XAUUSD Technical Analysis October 12/2019 XAUUSD : Possible bullish patterns are visible on the 4 hour chart. Blue bullish AB=CD pattern already triggered BUYS at the point D AB=CD level on October 1/2019. Price has since bounced...

Elliott Wave View: Rally in Amazon (AMZN) Can Fail

by elliottwave-forecast.com | October 14, 2019 11:32 am
Short term Elliott Wave view of Amazon ($AMZN) suggests the decline to 1685.06 ended wave (A). Internal of wave (A) unfolded as a 5 waves impulse Elliott Wave structure. On the chart below, we can see wave 3...

Yen Crosses Reaching Extremes. Are They Ready For A Bounce?

by elliottwave-forecast.com | October 14, 2019 11:32 am
In this blog, we would take a look at some Yen crosses to gather the bigger picture and also get an idea of whether they are ready for a bounce or there would be more downside before...

FXY Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | October 14, 2019 11:31 am
FXY Longer Term Cycles & Elliott Wave Firstly the FXY instrument inception date was 2/12/2007. The instrument tracks changes of the value of the Japanese Yen versus the US Dollar. There is plenty of data going back...

Seabridge Gold Analysis: Stock Should Remain Supported

by elliottwave-forecast.com | October 7, 2019 8:31 pm
In today’s blog, we will have a look at the Seabridge Gold stock. The stock is listed in the SP 500. Seabridge Gold is a Canadian resource gold mining company headquartered in Toronto Ontario Canada. It was founded in...

Elliott Wave View: Gold May Have Completed Correction

by elliottwave-forecast.com | October 7, 2019 8:31 pm
Elliott Wave view on Gold suggests the rally from August 2018 low last year remains in progress as a 5 waves impulse Elliott Wave structure. On the 1 hour chart below, we can see wave ((4)) of this...

USO United States Oil Fund Longer Term Cycles & Elliott Wave

by elliottwave-forecast.com | October 7, 2019 8:31 pm
USO United States Oil Fund Longer Term Cycles & Elliott Wave Firstly the USO instrument inception date was 4/10/2006. CL_F Crude Oil put in an all time high at 147.27 in July 2008. USO put in an...

Xilinx (NASDAQ: XLNX) Another Buying Opportunity

by elliottwave-forecast.com | October 7, 2019 8:31 pm
Xilinx (NASDAQ: XLNX) is an American technology company that is primarily a supplier of programmable logic devices. It designs, develops and markets complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions, customer training, field...