Global Banking: Some Sectors Look as “Precarious as Ever”

by ForexCycle.com | October 26, 2020 1:40 am
By Elliott Wave International Most people remember that the entire global financial system teeter-tottered on collapse during the 2007-2009 financial crisis due to the debacle related to subprime mortgages. As you’ll recall, even a financial institution as...

Elliott Wave View: Further Weakness in AUDJPY Expected

by elliottwave-forecast.com | October 23, 2020 3:08 pm
Short term Elliott Wave View in AUDJPY suggests that cycle from August 31 high is unfolding as a zigzag Elliott Wave structure. On the 60 minutes chart below, we can see wave B of this zigzag ended...

Wayfair Inc. ($W) Bullish Trend Intact

by elliottwave-forecast.com | October 23, 2020 3:07 pm
COVID-19 has changed the permanently investing world, with certain sectors poised to take advantage of the pandemic for years to come. Online retail is hot and isn’t cooling down any time in the years ahead.  Some select...

Earnings Season: Here’s What Stock Investors Need to Know

by ForexCycle.com | October 22, 2020 12:16 am
By Elliott Wave International Many investors and financial journalists believe that corporate earnings play a large role in driving stock market prices. Here’s just a couple of headlines from Oct. 13: Stocks open mixed on first day...

GDXJ (Gold Miners Junior) Correction Maybe Completed

by elliottwave-forecast.com | October 21, 2020 3:23 pm
Gold and related Index such as Gold Miners Junior (GDXJ) maybe ready to make the next move higher. The next important catalyst in the market is the US election and the second Coronavirus relief package. Nancy Pelosi...

Facebook: Forecasting The Bounce From Blue Box Area

by elliottwave-forecast.com | October 20, 2020 2:13 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of Facebook ticker symbol: $FB, presented to members at elliottwave-forecast. In which, the rally from 21 September...

$GLD Elliott Wave Analysis and Long Term Cycles

by elliottwave-forecast.com | October 20, 2020 2:12 pm
$GLD Elliott Wave Analysis and Long Term Cycles Firstly the GLD ETF fund is one of the largest as well as one of the oldest Gold tracking funds out there since it’s inception date of November 18,...

NIKKEI ( $NKD_F ) Buying The Dips After Elliott Wave Double Three

by elliottwave-forecast.com | October 20, 2020 2:11 pm
Hello fellow traders. In this technical blog we’re going to take a quick look at the Elliott Wave charts of  NIKKEI  Futures ( $NKD_F) published in members area of the Elliottwave-Forecast . As our members know, NIKKEI is...

First Solar Inc. ($FSLR) Priming An Explosive Move

by elliottwave-forecast.com | October 19, 2020 1:23 pm
Another sector that has really taken off since the March low is Solar Energy.  The ETF $TAN is up an astonishing 266% since the March low.  This sector is hot, and trying to find value in a...