USDNOK Found Sellers In The Blue Box Zone

by elliottwave-forecast.com | January 22, 2021 4:37 pm
Hello fellow traders.  USDNOK is another instrument that has given us nice trading opportunity lately . As our members know the pair is bearish against the 9.6147 peak and recently it has found sellers in the recovery against...

Pound Sterling Gains as UK Accelerated Vaccine Programme

by elliottwave-forecast.com | January 19, 2021 4:22 pm
Pound sterling continues to gain against other major currencies as the risk of a hard Brexit is now off-table. Last week, the currency also got a boost after Bank of England ruled out negative interest rate anytime...

Selling Rallies in the EURAUD Using Elliott Wave Theory

by elliottwave-forecast.com | January 11, 2021 5:07 pm
EURAUD is one of 78 instruments that we analyze here at EWF. For some time, we have recommended our clients to keep the downtrend in the pair and that it was preferable to look for sell the...

EURNZD Resume Down Trend From The Blue Box Area

by elliottwave-forecast.com | January 6, 2021 7:47 pm
In this technical blog, we are going to take a look at the past performance of EURNZD, 1-Hour Elliott wave Charts. In which, the decline from 12/22/2020 peak took place as an impulse Elliott wave structure with right side tag pointing lower...

This Is How We Forecast The AUDJPY Rally In Early December

by elliottwave-forecast.com | December 31, 2020 4:34 pm
AUDJPY is an important currency pair at a global level because this reacts in favor of risk appetite; that is, removing the movements of the Australian dollar and the Japanese yen, the uptrend of the AUDJPY favors...

$EURUSD Buying The Dips At The Blue Box Area

by elliottwave-forecast.com | December 15, 2020 3:52 pm
Hello fellow traders.  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 website.  EURUSD is another Forex pair that we have...

GBPCAD : Bearish Patterns Signalling the Move Lower

by elliottwave-forecast.com | December 14, 2020 2:43 pm
On December 9 2020 I posted on social media @AidanFX  “GBPCAD watch for selling opportunities.”  The charts below were also posted on social media @AidanFX December 9 2020 showing the possible bearish patterns. Blue bearish pattern triggered...

How the Right Side and Correlation Help Improve Accuracy

by elliottwave-forecast.com | December 9, 2020 4:30 pm
Elliottwave-Forecast.com (EWF) approach to forecasting is unique compared to other services / wavers. Through years of experience, we have developed tools in addition to Elliott Wave to improve the forecasting accuracy. One of the chief complains with...

$FXB British Pound ETF Elliott Wave & Longer Term Cycles

by elliottwave-forecast.com | December 8, 2020 4:35 pm
$FXB British Pound ETF Elliott Wave & Longer Term Cycles Firstly the British Pound Sterling tracking ETF fund FXB  inception date was 6/21/2006. The bearish cycle lower from the November 2007 highs in FXB is the focus of this...

USDRUB : Russian Rouble Shows Medium Term Strength

by elliottwave-forecast.com | December 7, 2020 3:51 pm
Russian Rouble (or Ruble) is the currency of the Russian Federation and the 17th most traded currency in the world. Within current environment of rising commodity prices, the world market impact of Russia, which is a major...