Nikkei: Forecasting The Rally From Elliott Wave Blue Box

by elliottwave-forecast.com | September 24, 2020 3:46 pm
This week we witnessed a sharp decline in Nikkei followed by an equally sharp rally. Our weekend update informed members that a decline was expected to unfold this week followed by a reaction higher, we even showed...

Shanghai Composite Index in Multi Year Consolidation

by elliottwave-forecast.com | September 23, 2020 2:55 pm
As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for...

Elliott Wave View: Support Area for Silver

by elliottwave-forecast.com | September 23, 2020 2:54 pm
Elliott Wave View of Silver (XAG) suggests the cycle from September 1 high has ended as wave (1) at 25.82 low. From there, the metal bounce higher in wave (2). The correction unfolded as zigzag Elliott Wave Structure....

A Look at the Perilous Psychology of Financial Bubbles

by ForexCycle.com | September 23, 2020 1:16 pm
By Elliott Wave International The months before the 2000 and 2007 stock market peaks saw a measurable rise in news stories that used the phrase “financial bubble.” But instead of selling, many investors kept right on buying....

FTSE Selling The Rallies At The Blue Box Area

by elliottwave-forecast.com | September 21, 2020 3:54 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the charts of FTSE published in members area of the website. As our members know, FTSE is giving us pull back, correcting...

TecDAX: Buying Opportunity in German Technology

by elliottwave-forecast.com | September 21, 2020 3:53 pm
TecDAX is a stock index which tracks the performance of 30 largest German companies from the technology sector. Even though these enterprises are of a high economic importance, their market capitalization and the book order turnover are...

AUDJPY : Support Becomes Resistance

by elliottwave-forecast.com | September 21, 2020 3:52 pm
On September 10/2020 AUDJPY registered a temporary top and started to trend lower.  When a market is trending it will make higher highs and higher lows in a bullish trend and lower lows lower highs in a...

GBPNZD : Trading with the Trend

by elliottwave-forecast.com | September 21, 2020 3:51 pm
Towards the end of August 2020 the GBPNZD pair reversed and has been trending lower since. At EWF we always encourage traders to trade with the trend and not against it.  Looking at the 1 Hour chart,...

3 Elliott Wave Resources AND Free U.S. Market Forecasts

by ForexCycle.com | September 20, 2020 12:53 pm
Volatility has returned — and, most likely, it will only heat up from here. You’re probably wondering what’s next. So, let our friends at Elliott Wave International help. In a few days, they’re starting a rare event called Unprecedented Year, Unprecedented...