GBPCAD Reacting Perfectly From Equal Legs Area

by elliottwave-forecast.com | June 21, 2023 9:00 pm
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of GBPCAD. In which, the decline from 03 May 2023 high ended 5 waves in a leading diagonal sequence and...

World Indices: Can History repeat itself

by elliottwave-forecast.com | June 20, 2023 6:15 pm
The World Indices rally since the low at 10.2022. Many are already trading into new highs above the 2022 peak. The idea can be seen as bullish, and our expected wave III of (3) might have started....

$CVNA: Car Retailer Carvana Entered Next Bullish Cycle

by elliottwave-forecast.com | June 20, 2023 5:52 pm
Carvana Co. is an online used car retailer and is known for its multi-store car vending machines. Today, the company is the fastest growing online used car dealer in the United States. Recently, Carvana gained publicity as it...

Tesla Inc. ($TSLA) Reacts Higher From The Blue Box Area.

by elliottwave-forecast.com | June 19, 2023 9:00 pm
Hello everyone. In today’s article, we will look at the past performance of the 1 Hour Elliott Wave chart of Tesla Inc. ($TSLA) The rally from 6.06.2023 low unfolded as a 5 wave impulse with an incomplete...

USDSGD: Wave ((iv)) Found Sellers At Equal Legs Area

by elliottwave-forecast.com | June 19, 2023 8:42 pm
Hello Traders, in this article we will go through how USDSGD reacted lower after reaching an equal legs area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area...

ZO #F: Will Next Bullish Cycle in Oats Inflate the Breakfast?

by elliottwave-forecast.com | June 19, 2023 8:07 pm
Oats are one of the grain commodities, along with soft red wheat, hard red wheat, corn, soybeans and others. The oat (Avena sativa) is a species of cereal grain grown for its seed. While oats are suitable for human consumption as oatmeal and rolled oats, one of the...

Is Costco Wholesale (COST) Ready For The Next Rally?

by elliottwave-forecast.com | June 19, 2023 7:39 pm
Costco Wholesale Corporation., (COST) engages in the operation of membership warehouse in the United States, Puerto Rico, Canada, United Kingdom, Mexico, Japan, Korea, Australia, Spain, France, Iceland, China & Taiwan together with its subsidiaries. It offers branded...

JPMorgan (JPM) Shares Are Not Ready For A Pullback

by elliottwave-forecast.com | June 19, 2023 6:29 pm
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...

S&P 500 E-Mini Futures ( ES_F ) Made Rally From The Blue Box Area

by elliottwave-forecast.com | June 14, 2023 8:29 pm
Hello fellow traders. In this article we’re going to take a quick look at the Elliott Wave charts of E-Mini S&P 500 ( ES_F) published in members area of the website.  ES_F is showing impulsive bullish sequences in...

Gold Miners Junior (GDXJ) Preparing for the Next Move Higher

by elliottwave-forecast.com | June 13, 2023 7:28 pm
GDXJ ETF, also known as the VanEck Vectors Junior Gold Miners ETF, is an exchange-traded fund that tracks the performance of small-cap companies involved in the gold mining industry. The ETF is designed to provide investors with...