Short Term Elliott Wave View in Oil Favoring More Upside

by elliottwave-forecast.com | January 10, 2019 8:51 pm
Oil’s (CL_F) short term Elliott Wave view shows that the decline from 10/3/2018 high ended as 5 waves impulse in wave a at $42.41. The cycle from 10/3/2018 high has ended and Oil should now see at least a...

USDJPY : Will Bearish Pattern Trigger More Sells?

by elliottwave-forecast.com | January 9, 2019 9:00 pm
USDJPY Technical Analysis January 8/2019 USDJPY remains bearish as long as the October 4/2018 high remains untouched. On the Daily chart there is a clear visible bearish pattern that can be seen. The blue bearish pattern triggers...

Palladium Reaches 100% Fibonacci Extension Since 1996 Low

by elliottwave-forecast.com | January 9, 2019 8:59 pm
Palladium reached a high of $1249.40 today, it is already up 53% since August 2018 but has now reached 100% Fibonacci extension from the all time low. It has also reached 100% Fibonacci extension up from 2003...

Elliott Wave View looking for SPX Rally to Fail

by elliottwave-forecast.com | January 8, 2019 8:58 pm
Short term Elliott Wave view in SPX suggests that the decline to 2346.58 ended wave (3). The Index is currently correcting in wave (4) as a double three Elliott Wave structure. Up from 2346.58, wave W ended...

Elliott Wave Analysis: Not The Right Time to Buy Apple

by elliottwave-forecast.com | January 8, 2019 8:58 pm
Welcome traders, today we will look at a couple of Apple (APPL) charts. After plunging almost 10% on January 3rd, has the tech giant reached a bottom? And do we really have to depend on news to be on the...

Japanese Yen Outlook In 2019

by elliottwave-forecast.com | January 8, 2019 8:58 pm
In this updated article and video below, we will follow up our view on Japanese Yen outlook in 2019. We wrote an article in late December last year titled “Will Yen Continue to Outperform in 2019?” In...

Kendall and Hochberg: Interest Rates Win Again as Fed Follows Market

by ForexCycle.com | January 8, 2019 6:46 am
By Elliott Wave International Most economists and financial analysts believe that central banks set interest rates. For more than two decades, Elliott Wave International has tracked the relationship between interest rates set by the marketplace and interest...

Elliott Wave View: EURAUD Bullish Sequence Favors More Upside

by elliottwave-forecast.com | January 6, 2019 5:11 pm
Elliott Wave view in EURAUD shows that the decline to 1.5337 low ended wave b. Rally from there unfolded as a 5 waves impulsive Elliott Wave structure. Up from 1.5337 low, Wave (1) ended at 1.5886, wave...

EURUSD Forecasting The Decline And Selling The Rallies

by elliottwave-forecast.com | January 6, 2019 5:10 pm
Hello fellow traders.  Another instrument that we have been trading lately is EURUSD. In this technical blog we’re going to take a quick look at the Elliott Wave charts of EURUSD, published in members area of the...