Caterpillar Inc ( CAT): Trading Higher Within A Wave (III), Target Above $600.00

by elliottwave-forecast.com | October 4, 2024 2:54 pm
Caterpillar Inc., commonly known as CAT, is a leading American manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives. Caterpillar operates globally and is known for its extensive product line,...

MicroStrategy (NASDAQ: MSTR) Weekly Upside Target

by elliottwave-forecast.com | October 3, 2024 5:49 pm
MicroStrategy (NASDAQ: MSTR) is one of the top performing stocks in recent two years. In our previous article, we explained the impulsive structure taking place since 2022 low. In this article, we’ll take a look at the potential targets to the upside...

EURUSD Looking for Expanded Flat Elliott Wave Correction

by elliottwave-forecast.com | October 3, 2024 5:42 pm
Short Term Elliott Wave View in EURUSD suggests that cycle from 4.16.2024 low is in progress as a 5 waves impulsive Elliott Wave structure. Rally to 1.12 ended wave (3) of the impulse. Pullback in wave (4)...

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)...

GBPUSD Takes a Bearish Turn: What’s the Outlook?

by ForexCycle.com | October 2, 2024 2:13 am
The GBPUSD pair has made a significant move, breaking below the crucial 1.3312 support level and extending its downward trajectory to reach a low of 1.3237. This development suggests that the upward move from 1.3001 may have...

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...