$FXE Elliott Wave and Longer Term Cycles
$FXE Elliott Wave and Longer Term Cycles Firstly as seen on the weekly chart shown below the instrument made a high in April 2008. There is data back to December 2005 in the ETF fund. Data correlated in...
Tag: Trading
GBPJPY Forecasting The Decline After Elliott Wave Flat
In this technical blog we’re going to take a look at the Elliott Wave charts charts of GBPJPY published in members area of the website. Recently the pair corrected the cycle from the 139.7 peak , when...
Natural Gas (NG_F) Continue To Resume Lower
In this blog, we are going to take a look at the Elliott Wave chart of Natural Gas (NG_F). In the previous article from May 13, 2020, we showed how Natural Gas reached the blue box area and...
GBPUSD : Market Patterns Signalling the Move Lower
On June 16 2020 I posted on social media Stocktwits/Twitter @AidanFX “GBPUSD watching for SELLS”. The chart below was also posted on social media StockTwits/Twitter @AidanFX June 16 2020 showing that a bearish market pattern (blue) formed...
Bullish Breakout in GDXJ (Gold Miners Juniors) Imminent
Gold market continues to extend higher with uncertainties in pandemic and ultra-loose monetary policy by central banks. It has printed a 7 year high of $1779 and shows no sign of stopping. It has broken to new-all...
Elliott Wave View: Pan American Silver (PAAS) Bullish Outlook
Pan American Silver Corporation (ticker: PAAS) is a Canadian mining company with operations in Latin America. The company has mines in Mexico, Peru, Bolivia, and Argentina. It is the world’s second largest primary silver producer worldwide it...
Elliott Wave View: SPX Resumes Correction Lower
Elliott Wave View in SPX suggests the rally from 4.2.2020 low ended at 3233.13 high as 5 waves impulse Elliott Wave Structure. Up from 4.2.2020 low, wave (1) ended at 2954.86 high and wave (2) dips ended at...
Drive Shack ($DS) Incomplete Bullish Sequence
Drive Shack ($DS) has been making steady gains since the March 2020 low. Technically speaking, it has a nice Elliott Wave chart, and is following the pattern of the general indices fairly well. Let’s take a look...
Elliott Wave View: Exxon Mobil Pulling Back
Elliott Wave View in Exxon (ticker: XOM) shows that the stock has an incomplete bearish sequence against June 8 high. The decline from June 8 high unfolded as a zigzag Elliott Wave structure, where wave (A) ended at...
SPY Elliott Wave View: Ready To Resume Higher?
In this technical blog, we are going to take a look at the past performance of Elliott Wave Charts SPY, which we presented to members at elliottwave-forecast. In which, the rally from 23 March 2020 low unfolded as...