Elliott Wave View: Facebook Should See More Upside

by elliottwave-forecast.com | June 24, 2020 4:12 pm
Facebook (ticker: FB) shows a higher high sequence from June 15 low, favoring further upside. The 30 minutes chart update below shows that the stock ended wave 3 at 241.75 high. Afterwards, the stock did a pullback...

Elliott Wave View: Gold Extends Higher

by elliottwave-forecast.com | June 23, 2020 2:40 pm
Gold (XAUUSD) shows a higher high sequence from 6.5.2020 low favoring further upside. Up from 6.5.2020 low, the precious metal extended higher in wave 1 as 5 waves impulse Elliott Wave Structure. The rally in wave 1...

NASDAQ (NQ_F) Bounced Higher From Blue Box To All Time High

by elliottwave-forecast.com | June 22, 2020 4:11 pm
In this blog, we are going to take a look at the Elliott Wave chart of NASDAQ Futures (NQ_F). The 1 hour London chart update from June 8, 2020 shows that the index has ended the cycle...

GOLD ( $XAUUSD ) Forecasting The Rally & Buying The Dips

by elliottwave-forecast.com | June 22, 2020 4:11 pm
Hello fellow traders. GOLD is another instrument that we have been trading lately . In this technical blog we’re going to take a quick look at the Elliott Wave charts of GOLD, published in members area of...

Bullish Sequence in EURGBP Favors More Upside

by elliottwave-forecast.com | June 22, 2020 4:10 pm
Pound Sterling declined against a basket of currencies last week after a series of negative news. First of all, Bank of England (BOE) decided to increase quantitative easing by £100BN, putting pressure to Pound Sterling. Secondly, the deadlock...

Blue Apron Holdings ($APRN) Looking To Rally

by elliottwave-forecast.com | June 19, 2020 3:25 pm
The next entry in the theme of Corona Virus stocks is Blue Apron Holdings Inc ($APRN).  Biotech and software are not the only sectors benefitting greatly from the COVID-19 outbreak. The food delivery services are also making...

Elliott Wave View: EURJPY Can See More Downside

by elliottwave-forecast.com | June 18, 2020 3:33 pm
Elliott Wave View in EURJPY suggests the decline from 6.1.2020 high is unfolding as a 5 waves impulse Elliott Wave structure.  Down from 6.1.2020 high, wave 1 ended at 120.23 as an impulse. Afterwards, the bounce in...

Elliott Wave View: Bitcoin shows short term impulse up

by elliottwave-forecast.com | June 17, 2020 3:25 pm
Bitcoin (BTC/USD) is currently correcting the cycle from 3.13.2020 low. The instrument has just ended cycle from 6.1.2020 high (10429) as a double three structure. Down from 6.1.2020 high, wave W ended at 9135 low. The bounce...

UnitedHealth Group (NYSE: UNH) Supported Pullback in Progress

by elliottwave-forecast.com | June 16, 2020 4:22 pm
UnitedHealth Group Incorporated (NYSE: UNH) is the largest healthcare company in the world by revenue providing health care products and insurance services. UNH established an impulsive 5 waves advance from 3/25 low allowing the stock to rally to new all...