Elliott Wave Analysis: META hits new high from blue box

by elliottwave-forecast.com | October 3, 2024 5:35 pm
Hello traders, welcome to another ‘Blue Box’ blog post, where we review past trades taken by Elliottwave-Forecast members for educational purposes. In this post, we’ll discuss a recent trade setup on META. Meta Platforms, formerly Facebook, is...

Dollar Index (DXY) Looking for a Flat Elliott Wave Correction

by elliottwave-forecast.com | October 2, 2024 5:32 pm
Short Term Elliott Wave View in Dollar Index (DXY) suggests that decline to 100.2 ended wave 1. Rally in wave 2 is in progress as an expanded flat Elliott Wave structure.  Up from wave 1, wave (a)...

Intraday Elliott Wave View Favors More Downside in USDJPY

by elliottwave-forecast.com | October 1, 2024 8:35 pm
Short Term Elliott Wave View in USDJPY suggests decline to 139.57 ended wave (W). Pair then corrected in wave (X) with internal subdivision as a double three Elliott Wave structure. Up from wave (W), wave ((w)) ended...

Mastercard (MA) Should Pullback Soon To Provide Next Opportunity

by elliottwave-forecast.com | October 1, 2024 8:26 pm
Mastercard Incorporated (MA), provides transaction processing & other payment-related products & services in the United states & internationally. The company offers payment related products to integrated products & value-added services for account holders, merchants, financial institutions, digital...

Gold-to-Silver Ratio (AUG) Still Waiting for the Next Direction

by elliottwave-forecast.com | October 1, 2024 8:14 pm
Gold-to-Silver Ratio has always been a useful tool to forecast the direction the underlying metals (i.e. Gold and Silver). We can calculate the ratio simply as Gold price divided by Silver price. The average gold-silver ratio was...

JPMorgan (JPM) Is Not Showing Weakness Near Term

by elliottwave-forecast.com | October 1, 2024 12:16 am
JPMorgan Chase & Co. (JPM) is an American multinational investment bank and financial services holding company headquartered in New York City and incorporated in Delaware. As of December 31, 2021, JPMorgan Chase is the largest bank in...

GBPCAD Elliott Wave Buying the Dips at the Blue Box

by elliottwave-forecast.com | September 30, 2024 11:41 pm
In this technical article we’re going to take a quick look at the Elliott Wave charts of GBPCAD Forex Pair , published in members area of the website. As our members know, GBPCAD has recently given us...

NZDUSD exits 17-months range to find buyers from the dip

by elliottwave-forecast.com | September 27, 2024 6:35 pm
Hello traders. Welcome to a new trade setup blog post. In today’s post, we will discuss the long-term path for NZDUSD currency pair and how we recommended buying dips on this pair to Elliottwave-Forecast members.  From a...

SMH Semiconductor ETF Should Continue Pushing to the Upside

by elliottwave-forecast.com | September 27, 2024 5:57 pm
The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that tracks a market-cap weighted index composed of 25 of the largest U.S.-listed semiconductor companies. The top holdings of SMH include companies like NVIDIA, Taiwan Semiconductor Manufacturing, Broadcom Inc., Texas Instruments, QUALCOMM, ASML Holding N.V., Applied Materials, Inc., Lam Research...