Bullish Palladium Supporting Commodities

by elliottwave-forecast.com | June 19, 2017 1:33 pm
The world is hooked on ‘Palladium’ because of its uses as an industrial metal and catalyst, the consumers are mainly automobile producers as it’s widely used in gasoline-based engine cars to curb harmful emissions from vehicles. Palladium...

Starbucks (SBUX): Still Hot or… On Ice?

by ForexCycle.com | June 17, 2017 10:01 am
Back in February, our friends at Elliott Wave International shared a lesson with subscribers that included a “very bullish chart pattern” in Starbucks (SBUX) — ahead of the 3-month 10% rally. Now, they’ve just posted a new...

YM (Dow Futures) Elliott Wave Analysis 6.16.2017

by elliottwave-forecast.com | June 16, 2017 11:04 am
Short term YM (Dow Futures) Elliott Wave view suggests the rally from 4/19 low is unfolding as a diagonal Elliott Wave structure where Minor wave 1 ended at 21010 (4/26), Minor wave 2 ended at 20474 (5/18), Minor wave 3 ended...

GBPJPY Elliott Wave Analysis: Resuming Lower

by elliottwave-forecast.com | June 15, 2017 9:42 am
Short term GBPJPY Elliott Wave view suggests the decline from 5/10 high shows a 5 swing sequence, thus favoring more downside. Decline from 5/10 high is unfolding as a double three Elliott Wave structure. Down from 5/10 peak (148.11), Minor wave...

GBPJPY Elliott Wave Analysis: Bearish Below 143.9

by elliottwave-forecast.com | June 14, 2017 10:47 am
Short term GBPJPY Elliott Wave view suggests the decline from 5/10 high shows a 5 swing sequence, thus favoring more downside. Decline from 5/10 high is unfolding as a double three Elliott Wave structure. Down from 5/10 peak (148.11), Minor wave...

Preparing for Quantitative Tightening

by elliottwave-forecast.com | June 13, 2017 4:03 pm
The Fed will soon embark in an uncharted water of Quantitative Tightening (QT). In the aftermath of 2008 global credit crisis, the world central banks went into the biggest experiment in monetary policy called Quantitative Easing (QE)....

EURCAD : Sell the Bounce Bearish Pattern

by elliottwave-forecast.com | June 13, 2017 2:55 pm
Today’s price action confirms that a possible top has been formed at the June 2/2017 high and EURCAD can be on the way lower to close a market gap that formed on April 23/2017. The turn lower...

Can Ripple catch the rally of Bitcoin & Ethereum

by elliottwave-forecast.com | June 13, 2017 10:00 am
Ripple is the third-largest cryptocurrency by market capitalization, after Bitcoin and Ethereum. It’s distributed financial technology allows banks to efficiently  settle transactions in real time. An alternative to today’s global payment infrastructure, Ripple eliminates time delays and ensures...

GBPJPY Elliott Wave Analysis: Extension Lower

by elliottwave-forecast.com | June 13, 2017 9:36 am
Short term GBPJPY Elliott Wave view suggests the decline from 5/10 high shows a 5 swing sequence, thus favoring more downside. Decline from 5/10 high is unfolding as a double three Elliott Wave structure. Down from 5/10 peak (148.11), Minor wave...