USDCAD Elliott Wave View: Calling Intraday Bounce

by elliottwave-forecast.com | April 17, 2018 2:52 pm
USDCAD Elliott Wave short-term view suggests that the bounce to 1.2942 high ended Intermediate degree wave (2). Then the decline from there is unfolding in an impulse sequence with an internal sub-division of each leg lower is showing 5...

Market Nature and The Elliott wave Theory

by elliottwave-forecast.com | April 10, 2018 2:45 pm
The human nature by definition is the general psychological characteristics, feelings, and behavioral traits of humankind. As such, everyone shares this nature. Similarly, the market also has a market nature and since it is created by humans,...

Elliott Wave View: Copper Starts a New Leg Higher

by elliottwave-forecast.com | April 4, 2018 3:07 pm
Short Term Elliott Wave view in Copper suggests that the decline to 2.938 on 3.26.2018 ended Minor wave IV. The metal started a new leg higher from there in Minor wave V. Subdivision of Minor wave V...

GBPUSD Elliott Wave View: Calling The Bounce Higher

by elliottwave-forecast.com | March 30, 2018 2:51 pm
GBPUSD Elliott Wave short-term sequence from 3/01 low (1.3709) ended as a Leading Diagonal structure in Minor wave 1 at 1.4248 high in 5 waves. Down from there, the pair is correcting that cycle in Minor wave 2 pullback in 3,...

DAX Elliott Wave Analysis: Further Weakness Ahead?

by elliottwave-forecast.com | March 27, 2018 2:45 pm
Short term Elliott Wave view in DAX suggests Primary wave ((B)) ended at 12434.7 on 3.16.2018. The decline from there is unfolding as a 5 waves impulse Elliott Wave structure. Down from 12434.7, Minor wave 1 ended at 12160, Minor...

Elliott Wave Analysis: Copper at Risk of Further Weaknesses

by elliottwave-forecast.com | March 9, 2018 10:20 am
Copper (HG_F) broke below $3.5 low ($3.095) earlier today. As a result, it shows a bearish sequence from 2/16 peak ($3.272), risking for further downside. Current short term Elliott Wave view in Copper suggests that the rally to $3.272...

Elliott Wave Analysis: USDJPY Correction Should Fail Below 107.9

by elliottwave-forecast.com | March 8, 2018 9:58 am
Short Term USDJPY Elliott Wave view suggests that the rally to 107.9 ended Minor wave X. Pair is expected to resume lower while bounces stay below this level. Down from Minor wave X at 107.91, Minor wave Y is...

DAX Elliott Wave View: Correction Ended

by elliottwave-forecast.com | March 7, 2018 12:45 pm
DAX is correcting higher degree cycle from February 2016. Short-term Elliott Wave view suggests that Primary wave ((X)) ended with the rally to 12597.51. Decline from there is unfolding as a Zigzag Elliott Wave structure where Intermediate wave (A) ended at 11725...

DAX Elliott wave view: Calling for another extension lower

by elliottwave-forecast.com | March 6, 2018 9:56 am
DAX, the index from Germany, is correcting higher degree cycle from February 2016. Short-term Elliott Wave view suggests that the rally to 12597.51 at February 26.2018 ended Primary wave ((X)). Down from there, the decline unfolded as a 5 waves Elliott Wave Impulse...