Market Nature and The Elliott wave Theory

by elliottwave-forecast.com | April 10, 2018 2:45 pm
The human nature by definition is the general psychological characteristics, feelings, and behavioral traits of humankind. As such, everyone shares this nature. Similarly, the market also has a market nature and since it is created by humans,...

Elliott Wave Analysis: Further Strength in USDJPY

by elliottwave-forecast.com | April 6, 2018 2:46 pm
USDJPY short term Elliott Wave view suggests that the decline to 104.54 low on March 26 ended Intermediate wave (3). Wave (4) correction is in progress as a double three Elliott Wave Structure. A double three is a 7 swing...

Elliott Wave View: Copper Starts a New Leg Higher

by elliottwave-forecast.com | April 4, 2018 3:07 pm
Short Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there in Minor wave V. Subdivision of Minor wave V...

SPX Elliott Wave View: Further Weaknesses Likely

by elliottwave-forecast.com | April 3, 2018 2:59 pm
SPX Elliott Wave view suggests rally to 2801.90 on 3/13/2018 ended Primary wave ((X)). Decline from there is unfolding as a double three Elliott Wave structure where Intermediate wave (W) ended at 2585.89 and Intermediate wave (X) ended at 2674.22....

GBPUSD Elliott Wave View: Calling The Bounce Higher

by elliottwave-forecast.com | March 30, 2018 2:51 pm
GBPUSD Elliott Wave short-term sequence from 3/01 low (1.3709) ended as a Leading Diagonal structure in Minor wave 1 at 1.4248 high in 5 waves. Down from there, the pair is correcting that cycle in Minor wave 2 pullback in 3,...

Did Data scandal Sink Facebook, The Social Networking Website?

by elliottwave-forecast.com | March 30, 2018 2:33 pm
Facebook has been on the news lately when the world discovered that more than 50 million users had their personal data breached with the downloading of Kogan’s Application, a data harvesting route, which due to the lax...

Bitcoin Elliott Wave Analysis Looking for Short Term Recovery

by elliottwave-forecast.com | March 27, 2018 6:03 pm
Bitcoin Elliott Wave Analysis in the short term is showing an interesting corrective structure suggesting a recover to take place after it finishes the current move. The digital instrument is correcting the cycle from 03/18 low in 3...

DAX Elliott Wave Analysis: Further Weakness Ahead?

by elliottwave-forecast.com | March 27, 2018 2:45 pm
Short term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 12434.7, Minor wave 1 ended at 12160, Minor...

Will Trade War Weigh on the Market?

by elliottwave-forecast.com | March 26, 2018 9:27 am
Trade war with China Hurt Global Economy Last week global stock market slumped due to the prospect of all-out trade war which could destabilize global economy. US market closed sharply lower for the week with S&P 500...