Elliott Wave View: AUDUSD Remain Supported

by elliottwave-forecast.com | July 17, 2020 3:47 pm
AUDUSD 45 minutes chart below shows that pair has ended cycle from July 9 high as wave 2 at 0.6918 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 9 high, wave ((a)) ended...

GDX Elliott Wave: Buying The Wave Four Pullback

by elliottwave-forecast.com | July 16, 2020 4:14 pm
In this technical blog, we are going to take a look at the past performance of 1 hour Elliott Wave Charts of GDX, which we presented to members. In which, the rally from 05 June 2020 lows, showed the higher highs...

Elliott Wave View: Oil (CL_F) Extending Higher

by elliottwave-forecast.com | July 16, 2020 4:13 pm
Light Crude Oil 45 minutes chart below shows that the commodity has ended cycle from July 6 high as wave 2 at 38.56 low. The pullback unfolded as a flat Elliott Wave Structure. From July 6 high,...

Elliott Wave View: Dow Futures (YM_F) Resumes Higher

by elliottwave-forecast.com | July 15, 2020 3:50 pm
YM_F 45 minutes chart below shows that Index has ended the cycle from July 7 high as wave 2 at 25293 low. The pullback unfolded as a zig-zag Elliott Wave Structure. From July 7 high, wave ((a))...

$TSX : Canadian Stock Market Index Waiting for Commodities Breakout

by elliottwave-forecast.com | July 14, 2020 3:54 pm
S&P/TSX Composite is a Canadian stock market index representing roughly 70% of the market capitalization on the Toronto Stock Exchange. Under the ticker $TSX, one can track the market value of 250 most important companies. From 2009 to...

Kospi Cycles Longer Term Swing Count Remains Bullish

by elliottwave-forecast.com | July 14, 2020 3:53 pm
Kospi Cycles Longer Term Swing Count Remains Bullish The KOSPI Index in the long term has been trending higher with other world indices since inception in 1983. The index began with a base value set at 100 and...

EURGBP Forecasting The Rally After Zig-Zag Pullback

by elliottwave-forecast.com | July 14, 2020 3:52 pm
In this blog, we are going to take a look at the Elliott Wave chart of EURGBP.  The 1 hour NY Midday chart update from July 6 shows that the pair has ended the cycle from April...

Microsoft ($MSFT ) Forecasting The Rally After Elliott Wave Zig Zag

by elliottwave-forecast.com | July 13, 2020 3:43 pm
Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Microsoft Stock ($MSFT).   As our members know, MSFT has been showing bullish impulsive sequences within the cycle...

Pound Sterling Gains from Positive Brexit Headlines

by elliottwave-forecast.com | July 13, 2020 3:42 pm
British Pound Sterling gained last week against major currencies as positive headlines on Brexit negotiations start to trickle. The chart below shows the gain of Pound Sterling against some major currencies: One of the positive developments came...